Loan Census Banking News and Information
November 14, 2024  
 
 
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SBA Lenders in California

 

 
Loan Census SBA Loan Info

Surgical and Medical Instrument Manufacturing Loans

With these loans for surgical and medical instrument manufacturing, the SBA guarantees the lender that the loan will be repaid. This surgical and medical instrument manufacturing loan for $440,000 was given to a California entrepreneur in 2000.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of Escondido, California. The loan was granted and they received $440,000 to help grow their Carlsbad, California business.

SBA Loan Borrower

COMPANY TYPE: SURGICAL AND MEDICAL INSTRUMENTS AND APPARATUS
CARLSBAD, CA 92009

SBA Loan Lender

WELLS FARGO BANK
444 S ESCONDIDO BLVD
ESCONDIDO, CA 92025

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.

SIC Code

3841 - Surgical and Medical Instruments and Apparatus

NAICS Code

339112 - Surgical and Medical Instrument Manufacturing

Loan Approval Date

3/16/2000

Loan Approval Gross Amount

$440,000

Loan Approval from the SBA

Of the total $440,000 loan amount, the SBA guaranteed $330,000.

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 38 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 38 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a company in Carlsbad CA, you ought to talk with a local Carlsbad SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Carlsbad businesses.

We can help you find the best banks for small businesses in Carlsbad 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:

Angel Investors

Where to Get an SBA Loan in Escondido, California

SBA California Banks