Motor Vehicle Transmission and Power Train Parts Manufacturing Small Business Loans
Looking for small business loans for motor vehicle transmission and power train parts manufacturing? An SBA loan may be just what you've been looking for. This $270,000 motor vehicle transmission and power train parts manufacturing loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Wells Fargo Bank, out of Norwalk, California. The loan was granted and they received $270,000 to help grow their Santa Fe Springs, California business.
SBA Loan Borrower
COMPANY TYPE: MOTOR VEHICLE TRANSMISSION AND POWER TRAIN PARTS MANUFACTURING
SANTA FE SPRINGS, CA 90670
SBA Loan Lender
WELLS FARGO BANK
12100 FIRESTONE BLVD
NORWALK, CA 90650
When it made this small business loan, this bank was part of the SBA's Certified Lenders Program (CLP). This program aims to provide fast service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
336350 - Motor Vehicle Transmission and Power Train Parts Manufacturing
Loan Approval Date
10/16/2003
Loan Approval Gross Amount
$270,000
Loan Approval from the SBA
Of the total $270,000 loan amount, the SBA guaranteed $202,500.
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 19 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
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