Costa Mesa, California Bank Gives SBA Loan to Folding Paperboard Box Manufacturing Company
Thinking about meeting with a Costa Mesa, California bank about a small business loan? Here's one California business loan, issued by a Costa Mesa bank, that was approved by the SBA.
Applying for an SBA loan with Pacific Premier Bank worked out well for our friends at one local company in Alhambra, California. They got an SBA loan for $350,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FOLDING PAPERBOARD BOX MANUFACTURING
ALHAMBRA, CA 91803
SBA Loan Lender
PACIFIC PREMIER BANK
1600 SUNFLOWER AVE
COSTA MESA, CA 92626
This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
322212 - Folding Paperboard Box Manufacturing
Loan Approval Date
8/25/2006
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $175,000.
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 10 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 15 existing jobs.
Getting an SBA Loan For Your Business
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Pacific Premier Bank and they will explain how you can get an SBA loan for your company.
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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