Loan Census Banking News and Information
March 29, 2024  
 
 
  Business Loan Information  
 

Banks in California

 

 
Loan Census SBA Loan Info

Fiber Can, Tube, Drum, and Similar Products Manufacturing Commercial Loans

Looking for commercial loans for fiber can, tube, drum, and similar products manufacturing? Try the SBA. This $675,000 fiber can, tube, drum, and similar products manufacturing loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Wells Fargo Bank, out of Orange, California. The loan was granted and they received $675,000 to help grow their City Of Industry (industry), California business.

SBA Loan Borrower

COMPANY TYPE: FIBER CAN, TUBE, DRUM, AND SIMILAR PRODUCTS MANUFACTURING
CITY OF INDUSTRY (INDUSTRY), CA 91744

SBA Loan Lender

WELLS FARGO BANK
170 S MAIN ST
ORANGE, CA 92868

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

322214 - Fiber Can, Tube, Drum, and Similar Products Manufacturing

Loan Approval Date

12/23/2002

Loan Approval Gross Amount

$675,000

Loan Approval from the SBA

Of the total $675,000 loan amount, the SBA guaranteed $506,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 35 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 35 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This SBA loan was for $675,000. How would you spend $675,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Debt Financing

Banks in Orange, California

California SBA 7A Lenders