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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Encino, Business Loans > First Private Bank & Trust Encino Business Loans > Printed Circuit Assembly Manufacturing Loan | ||||
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First Private Bank & Trust Commercial Loans
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Where to Get Capital for Printed Circuit Assembly ManufacturingLooking for small business loans for printed circuit assembly manufacturing? Talk to a banker who works with the SBA. This $306,000 printed circuit assembly manufacturing loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Private Bank & Trust, out of Encino, California. The loan was granted and they received $306,000 to help grow their Canoga Park, California business. SBA Loan Borrower COMPANY TYPE: PRINTED CIRCUIT ASSEMBLY MANUFACTURING SBA Loan Lender FIRST PRIVATE BANK & TRUST This lender provides SBA commercial 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 334418 - Printed Circuit Assembly Manufacturing Loan Approval Date 10/14/2003 Loan Approval Gross Amount $306,000 Loan Approval from the SBA Of the total $306,000 loan amount, the SBA guaranteed $229,500. 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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Best Encino, California Banks for Small Business
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