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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Thousand Oaks, Business Loans > California Oaks State Bank Thousand Oaks Business Loans > Electrical Equipment And Component Manufacturing Loan | ||||
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California Oaks State Bank Ventura, California
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California Oaks State Bank SBA Loan to Electrical Equipment And Component Manufacturing CompanyAn SBA loan from California Oaks State Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Ventura, California business owner got a $400,000 loan. This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with California Oaks State Bank, out of Thousand Oaks, California. The loan was granted and they received $400,000 to help grow their Ventura, California business. SBA Loan Borrower COMPANY TYPE: ELECTRICAL EQUIPMENT AND COMPONENT MANUFACTURING SBA Loan Lender CALIFORNIA OAKS STATE BANK This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 335999 - Electrical Equipment and Component Manufacturing Loan Approval Date 6/11/2001 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 15 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business 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 company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Family and Friend Investors - Your First Financiers Who Lends Money to Small Businesses in Thousand Oaks, California Find an SBA Lender in California
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