Alhambra, California Business Gets SBA-Guaranteed Funding from Pacific Premier Bank

An SBA loan from Pacific Premier Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Alhambra, California business owner got a $147,500 loan.

This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Pacific Premier Bank, out of Costa Mesa, California. The loan was granted and they received $147,500 to help grow their Alhambra, California business.

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

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

322212 - Folding Paperboard Box Manufacturing

Loan Approval Date

1/10/2007

Loan Approval Gross Amount

$147,500

Loan Approval from the SBA

Of the total $147,500 loan amount, the SBA guaranteed $110,625.

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 indicated that the loan would help generate 15 new jobs and retain 15 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $147,500. How would you spend $147,500 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.

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