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March 28, 2024  
 
 
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Americas United Bank

 

 
Loan Census SBA Loan Info

Montebello, California Business Gets SBA-Guaranteed Funding from Americas United Bank

Americas United Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one California entrepreneur who tapped into the power of SBA loans.

Getting a small business loan in Montebello, California was an essential business goal for this firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Americas United Bank, operating out of Glendale, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TOILET PREPARATION MANUFACTURING
MONTEBELLO, CA 90640

SBA Loan Lender

AMERICAS UNITED BANK
801 N BRAND BLVD, STE 1150
GLENDALE, CA 91203

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325620 - Toilet Preparation Manufacturing

Loan Approval Date

7/31/2007

Loan Approval Gross Amount

$1,550,000

Loan Approval from the SBA

Of the total $1,550,000 loan amount, the SBA guaranteed $1,162,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $1,550,000. How would you spend $1,550,000 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:

Getting a Small Business Loan

SBA 7A Lenders in Glendale, California

SBA California Banks