Loan Census Banking News and Information
April 27, 2024  
 
 
  Business Loan Information  
 

Tips for Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

Financing for Textile Product Mills

Looking for commercial loans for textile product mills? An SBA loan may be just what you've been looking for. This $472,500 textile product mills loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Center Bank, out of Los Angeles, California. The loan was granted and they received $472,500 to help grow their Los Angeles, California business.

SBA Loan Borrower

COMPANY TYPE: TEXTILE PRODUCT MILLS
LOS ANGELES, CA 90011

SBA Loan Lender

CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

314999 - Textile Product Mills

Loan Approval Date

3/28/2002

Loan Approval Gross Amount

$472,500

Loan Approval from the SBA

Of the total $472,500 loan amount, the SBA guaranteed $354,375.

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 9 employees. The loan application indicated that the loan would help retain 9 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Los Angeles CA, you ought to talk with a local Los Angeles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Los Angeles businesses.

This SBA loan was for $472,500. How would you spend $472,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Cash Advances

Small Bank Loans in Los Angeles, California

California SBA 7A Banks