Get an SBA Loan for Sign Manufacturing
With these small business loans for sign manufacturing, the SBA guarantees the lender that the loan will be repaid. This sign manufacturing loan for $160,000 was given to a California entrepreneur in 2000.
This company knew how to go about getting a business bank loan. Based in Concord, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Republic Bank, based in Walnut Creek, California.
SBA Loan Borrower
COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES
CONCORD, CA 94520
SBA Loan Lender
FIRST REPUBLIC BANK
1400 CIVIC DR
WALNUT CREEK, CA 94596
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3993 - Signs and Advertising Specialties
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
6/14/2000
Loan Approval Gross Amount
$160,000
Loan Approval from the SBA
Of the total $160,000 loan amount, the SBA guaranteed $120,000.
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 3 employees. The SBA loan documents indicated that the loan would help retain 3 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.
While you may be able to borrow money from friends and family, 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:
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Where to Get an SBA Loan in Walnut Creek, California
Getting an SBA Loan in California