Iron and Steel Forging Loans

With these loans for iron and steel forging, the SBA guarantees the lender that the loan will be repaid. This iron and steel forging loan for $1,072,200 was given to a California entrepreneur in 2002.

Getting a small business loan in Anaheim, California was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank, operating out of Temecula, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: IRON AND STEEL FORGING
ANAHEIM, CA 92806

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332111 - Iron and Steel Forging

Loan Approval Date

12/11/2002

Loan Approval Gross Amount

$1,072,200

Loan Approval from the SBA

Of the total $1,072,200 loan amount, the SBA guaranteed $804,150.

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 190 employees. The SBA loan application for the borrower indicated that the loan would help generate 30 new jobs and retain 190 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Investor Turnoffs

Banks in Temecula, California

SBA Participating Banks in California