Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Business Loan in Azusa, California and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Loans for Commercial Screen Printing

Looking for commercial loans for commercial screen printing? The SBA may be the answer. This $200,000 commercial screen printing loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Azusa, California was able to borrow $200,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $100,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
AZUSA, CA 91702

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

323113 - Commercial Screen Printing

Loan Approval Date

12/16/2005

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $100,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 100 employees. The SBA loan documents indicated that the loan would help retain 100 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Azusa CA, you ought to talk with a local Azusa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Azusa businesses.

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.

Related Links:

How to Raise Money

SBA Banks in San Jose, California

California SBA 7A Lenders