Camarillo, California Bank Lends Money to Sheet Metal Work Manufacturing Company in Carson, California

Find Camarillo, California banks that specialize in business loans and know how to work with entrepreneurs. First California Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Carson, California starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from First California Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: SHEET METAL WORK MANUFACTURING
CARSON, CA 90749

SBA Loan Lender

FIRST CALIFORNIA BANK
1100 PASEO CAMARILLO
CAMARILLO, CA 93010

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

332322 - Sheet Metal Work Manufacturing

Loan Approval Date

9/10/2007

Loan Approval Gross Amount

$1,616,600

Loan Approval from the SBA

Of the total $1,616,600 loan amount, the SBA guaranteed $1,212,450.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 42 employees. The SBA loan application for the borrower indicated that the loan would help retain 42 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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Understanding Dilution

SBA Participating Banks in Camarillo, California

Where to Get an SBA Loan California