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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Nonferrous Die-Casting Foundries Loan | ||||
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Business Loans for Buena Park Businesses
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Nonferrous Die-Casting Foundries Small Business LoansLooking for small business loans for nonferrous die-casting foundries? The SBA may be the answer. This $15,000 nonferrous die-casting foundries loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Buena Park, California was able to borrow $15,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $7,500 of this California small business loan. SBA Loan Borrower COMPANY TYPE: NONFERROUS DIE-CASTING FOUNDRIES SBA Loan Lender WELLS FARGO BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 331522 - Nonferrous Die-Casting Foundries Loan Approval Date 5/20/2002 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 7 employees. The SBA loan documents indicated that the loan would help retain 7 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Wells Fargo Bank and they will explain how you can get an SBA loan for your company. 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: SBA 7A Banks in San Jose, California
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