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April 27, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Rancho Santa Margarit, Business Loans > South Cnty Bank Rancho Santa Margarit Business Loans > Converted Paper Product Manufacturing Loan | ||||
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SBA Lenders for Los Angeles,, California Businesses
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Financing for Converted Paper Product ManufacturingLooking for loans for converted paper product manufacturing? Talk to a banker who works with the SBA. This $1,482,000 converted paper product manufacturing loan was issued by a California bank. This small firm knew how to go about getting a business bank loan. Based in Los Angeles,, California, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was South Cnty Bank, based in Rancho Santa Margarit, California. SBA Loan Borrower COMPANY TYPE: CONVERTED PAPER PRODUCT MANUFACTURING SBA Loan Lender SOUTH CNTY BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 322299 - Converted Paper Product Manufacturing Loan Approval Date 8/28/2006 Loan Approval Gross Amount $1,482,000 Loan Approval from the SBA Of the total $1,482,000 loan amount, the SBA guaranteed $1,111,500. 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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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 SBA 7A Banks in Rancho Santa Margarit, California
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