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April 29, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Chatsworth, Business Loans > Telesis Community Cu Chatsworth Business Loans > Women's And Girls' Lingerie, Loungewear, And Nightwear Manufacturing Loan | ||||
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California Bank SBA Loans
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Chatsworth, California Bank Gives SBA Loan to Women's And Girls' Lingerie, Loungewear, And Nightwear Manufacturing CompanyA Chatsworth, California small business loan can be yours. Learn how one firm got a $500,000 business loan from this California bank. This loan to a local firm is a good example of an SBA loan. Telesis Community Cu made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: WOMEN'S AND GIRLS' LINGERIE, LOUNGEWEAR, AND NIGHTWEAR MANUFACTURING SBA Loan Lender TELESIS COMMUNITY CU 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 315231 - Women's and Girls' Lingerie, Loungewear, and Nightwear Manufacturing Loan Approval Date 11/22/2004 Loan Approval Gross Amount $500,000 Loan Approval from the SBA Of the total $500,000 loan amount, the SBA guaranteed $375,000. 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 9 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 Banks in Chatsworth, California Getting an SBA Loan in California
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