Raising Money for Manufacturing

With these business loans for manufacturing, the SBA guarantees the lender that the loan will be repaid. This manufacturing loan for $258,598 was given to a California entrepreneur in 2001.

Getting a small business loan in Whittier, California was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Pico Rivera, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
WHITTIER, CA 90606

SBA Loan Lender

PACIFIC WESTERN BANK
8810 E WHITTIER BLVD
PICO RIVERA, CA 90060

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339999 - Manufacturing

Loan Approval Date

8/29/2001

Loan Approval Gross Amount

$258,598

Loan Approval from the SBA

Of the total $258,598 loan amount, the SBA guaranteed $193,949.

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 11 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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.

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