Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Paso Robles (corporate Name El, California and We Got One!

 

 
Loan Census SBA Loan Info

Stationery, Tablet, and Related Product Manufacturing Loans

Looking for loans for stationery, tablet, and related product manufacturing? An SBA loan may be just what you've been looking for. This $30,000 stationery, tablet, and related product manufacturing loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First Bank - San Luis Obispo A D, out of San Luis Obispo, California. The loan was granted and they received $30,000 to help grow their Paso Robles (corporate Name El, California business.

SBA Loan Borrower

COMPANY TYPE: STATIONERY, TABLET, AND RELATED PRODUCT MANUFACTURING
PASO ROBLES (CORPORATE NAME EL, CA 93446

SBA Loan Lender

FIRST BANK - SAN LUIS OBISPO A D
995 HIGUERA ST
SAN LUIS OBISPO, CA 93401

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

322233 - Stationery, Tablet, and Related Product Manufacturing

Loan Approval Date

2/16/2005

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $30,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Financing Your Business

SBA 7A Banks in San Luis Obispo, California

Getting a Business Loan in California