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December 25, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Electric Lamp Bulb And Part Manufacturing Loan | ||||
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SBA Lenders California
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Temecula, California Bank Gives SBA Loan to Electric Lamp Bulb And Part Manufacturing CompanyThinking about meeting with a Temecula, California bank about an SBA loan? Here's one Georgia business loan, issued by a Temecula bank, that was approved by the SBA. Applying for an SBA loan with Temecula Valley Bank worked out well for our friends at one local company in Brunswick, Georgia. They got an SBA loan for $595,000. Nice! SBA Loan Borrower COMPANY TYPE: ELECTRIC LAMP BULB AND PART MANUFACTURING SBA Loan Lender TEMECULA VALLEY BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 335110 - Electric Lamp Bulb and Part Manufacturing Loan Approval Date 8/5/2003 Loan Approval Gross Amount $595,000 Loan Approval from the SBA Of the total $595,000 loan amount, the SBA guaranteed $446,250. 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 16 employees. The loan application indicated that the loan would help retain 16 existing jobs. Great, But How Can I Get an SBA Loan for My 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. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $595,000 loan. Remember, if it to be, it is up to me! 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: Where to Get an SBA Loan in Temecula, California
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