Loan Census Banking News and Information
April 23, 2024  
 
 
  Business Loan Information  
 

South Valley National Bank A Divis Camarillo, California

 

 
Loan Census SBA Loan Info

South Valley National Bank A Divis SBA Loan to Toilet Preparation Manufacturing Company

An SBA loan from South Valley National Bank A Divis typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Camarillo, California business owner got a $52,000 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Camarillo, California was able to borrow $52,000 from South Valley National Bank A Divis. The SBA made the loan possible by guaranteeing $26,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: TOILET PREPARATION MANUFACTURING
Camarillo, CA 93012

SBA Loan Lender

SOUTH VALLEY NATIONAL BANK A DIVIS
8000 SANTA TERESA BLVD
GILROY, CA 95020

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

325620 - Toilet Preparation Manufacturing

Loan Approval Date

6/11/2007

Loan Approval Gross Amount

$52,000

Loan Approval from the SBA

Of the total $52,000 loan amount, the SBA guaranteed $26,000.

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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from South Valley National Bank A Divis so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Role of Business Plan When Raising Money

Where to Get an SBA Loan in Gilroy, California

California SBA Banks