Motor Vehicle Parts Manufacturing Bank Loans
With these bank loans for motor vehicle parts manufacturing, the SBA guarantees the lender that the loan will be repaid. This motor vehicle parts manufacturing loan for $200,000 was given to a California entrepreneur in 2005.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Umpqua Bank, out of Roseburg, Oregon. The loan was granted and they received $200,000 to help grow their Chico, California business.
SBA Loan Borrower
COMPANY TYPE: MOTOR VEHICLE PARTS MANUFACTURING
CHICO, CA 95928
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
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
336399 - Motor Vehicle Parts Manufacturing
Loan Approval Date
3/11/2005
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 16 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 16 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you want money for new small business in Chico CA, you ought to talk with a local Chico SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chico businesses.
We've showcased information on this loan to let you know that businesses like yours 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:
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SBA Approved Banks in Roseburg, Oregon
Oregon SBA 7A Lenders