Game, Toy, and Children's Vehicle Manufacturing Commercial Loans

Looking for commercial loans for game, toy, and children's vehicle manufacturing? Talk to a banker who works with the SBA. This $40,000 game, toy, and children's vehicle manufacturing 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 $40,000 from Vineyard Bank. The SBA made the loan possible by guaranteeing $34,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: UTILITY TRAILER AND RECREATIONAL VEHICLE RENTAL
AZUSA, CA 91702

SBA Loan Lender

VINEYARD BANK
16008 FOOTHILL BLVD
IRWINDALE, CA 91706

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7519 - Utility Trailer and Recreational Vehicle Rental

NAICS Code

339932 - Game, Toy, and Children's Vehicle Manufacturing

Loan Approval Date

2/8/2001

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

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.

We can help you find the best banks for small businesses in Azusa or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Obtaining Funding - How to Borrow Money

Banks in Irwindale, California

Find an SBA Lender in California