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April 18, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > City Of Industry, Business Loans > United Pacific Bank City Of Industry Business Loans > Textile Product Mills Loan | ||||
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United Pacific Bank Small Business Loan
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Small Business Loans for Textile Product MillsLooking for small business loans for textile product mills? An SBA loan may be just what you've been looking for. This $511,000 textile product mills loan was issued by a California bank. This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with United Pacific Bank, out of City Of Industry, California. The loan was granted and they received $511,000 to help grow their Irvine, California business. SBA Loan Borrower COMPANY TYPE: TEXTILE PRODUCT MILLS SBA Loan Lender UNITED PACIFIC BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 314999 - Textile Product Mills Loan Approval Date 7/16/2007 Loan Approval Gross Amount $511,000 Loan Approval from the SBA Of the total $511,000 loan amount, the SBA guaranteed $383,250. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like United Pacific Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Obtaining Funding From a Venture Capitalist Small Bank Loans in City Of Industry, California
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