Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Examples of Huntington Beach SBA Loans

 

 
Loan Census SBA Loan Info

Plumbing Fixture Fitting and Trim Manufacturing Small Business Loans

Looking for small business loans for plumbing fixture fitting and trim manufacturing? The SBA may be the answer. This $1,333,300 plumbing fixture fitting and trim manufacturing loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Huntington Beach, California was able to borrow $1,333,300 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $999,975 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PLUMBING FIXTURE FITTING AND TRIM MANUFACTURING
HUNTINGTON BEACH, CA 92649

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

At the time this loan was granted, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to provide expeditious 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

332913 - Plumbing Fixture Fitting and Trim Manufacturing

Loan Approval Date

6/28/2001

Loan Approval Gross Amount

$1,333,300

Loan Approval from the SBA

Of the total $1,333,300 loan amount, the SBA guaranteed $999,975.

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 45 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. U.S. Bank National Association had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, U.S. Bank National Association 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.

Related Links:

Alternative Financing

SBA 7A Banks for Cincinnati, Ohio Loans

Getting an SBA Loan in Ohio