Financing for Synthetic Rubber Manufacturing

Looking for loans for synthetic rubber manufacturing? Try the SBA. This $368,300 synthetic rubber manufacturing loan was issued by a California bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Santa Clara Valley Bank National A, out of Santa Paula, California. The loan was granted and they received $368,300 to help grow their Bishop, California business.

SBA Loan Borrower

COMPANY TYPE: SYNTHETIC RUBBER MANUFACTURING
BISHOP, CA 93514

SBA Loan Lender

SANTA CLARA VALLEY BANK NATIONAL A
901 E MAIN ST
SANTA PAULA, CA 93060

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325212 - Synthetic Rubber Manufacturing

Loan Approval Date

12/5/2007

Loan Approval Gross Amount

$368,300

Loan Approval from the SBA

Of the total $368,300 loan amount, the SBA guaranteed $276,225.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Santa Clara Valley Bank National A had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Santa Clara Valley Bank National A made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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