Americas United Bank SBA Loan to Printing Machinery And Equipment Manufacturing Company

Americas United Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a California entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Chino, California was an essential business goal for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Americas United Bank, operating out of Glendale, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PRINTING MACHINERY AND EQUIPMENT MANUFACTURING
CHINO, CA 91710

SBA Loan Lender

AMERICAS UNITED BANK
801 N BRAND BLVD, STE 1150
GLENDALE, CA 91203

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333293 - Printing Machinery and Equipment Manufacturing

Loan Approval Date

5/9/2007

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 19 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 14 existing jobs.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Americas United Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Americas United Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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