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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Kitchen Utensil, Pot, And Pan Manufacturing Loan | ||||
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California SBA Lenders
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Sacramento, California Bank Gives SBA Loan to Kitchen Utensil, Pot, And Pan Manufacturing CompanyThinking about meeting with a Sacramento, California bank about an SBA loan? Here's one California business loan, issued by a Sacramento bank, that was approved by the SBA. Applying for an SBA loan with California Bank & Trust worked out well for our friends at one local company in Orange, California. They received an SBA loan for $21,200. Nice! SBA Loan Borrower COMPANY TYPE: KITCHEN UTENSIL, POT, AND PAN MANUFACTURING SBA Loan Lender CALIFORNIA BANK & TRUST The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 332214 - Kitchen Utensil, Pot, and Pan Manufacturing Loan Approval Date 5/28/2003 Loan Approval Gross Amount $21,200 Loan Approval from the SBA Of the total $21,200 loan amount, the SBA guaranteed $10,600. 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 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. This SBA loan was for $21,200. How would you spend $21,200 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: SBA 7A Lenders in Sacramento, California
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