Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

California Bank SBA Loans

 

 
Loan Census SBA Loan Info

First Private Bank & Trust SBA Loan to Meats And Meat Products Company

Want a California business loan? Here's one California business loan that was approved by the SBA.

This up and coming company knew how to go about getting a business bank loan. Based in Santa Clarita, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was First Private Bank & Trust, based in Encino, California.

SBA Loan Borrower

COMPANY TYPE: MEATS AND MEAT PRODUCTS
SANTA CLARITA, CA 91342

SBA Loan Lender

FIRST PRIVATE BANK & TRUST
16000 VENTURA BLVD
ENCINO, CA 91436

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5147 - Meats and Meat Products

Loan Approval Date

8/17/2000

Loan Approval Gross Amount

$611,500

Loan Approval from the SBA

Of the total $611,500 loan amount, the SBA guaranteed $458,625.

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 11 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Famous Venture Capitalists

Best Banks in Encino, California

SBA Lenders in California