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April 28, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Fullerton, Business Loans > Fullerton Community Bank, Fsb Fullerton Business Loans > Manufacturing And Industrial Building Construction Loan | ||||
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Raising Money in Los Angeles, California With SBA Loans
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California Bank Loan Issued to Manufacturing And Industrial Building Construction CompanyWant a California SBA loan? This California entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners. Getting a small business loan in Los Angeles, California was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Fullerton Community Bank, Fsb. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: MANUFACTURING AND INDUSTRIAL BUILDING CONSTRUCTION SBA Loan Lender FULLERTON COMMUNITY BANK, FSB 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 233310 - Manufacturing and Industrial Building Construction Loan Approval Date 9/19/2002 Loan Approval Gross Amount $198,000 Loan Approval from the SBA Of the total $198,000 loan amount, the SBA guaranteed $148,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Fullerton Community Bank, Fsb 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: Banking Deregulation's Effects on Entrepreneurship SBA 7A Lenders in Fullerton, California
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