Getting an SBA Loan for Industrial Mold Manufacturing
Looking for commercial loans for industrial mold manufacturing? Talk to a banker who works with the SBA. This $762,000 industrial mold manufacturing loan was issued by a California bank.
Getting a small business loan in Covina, California was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Huntington Beach, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL MOLD MANUFACTURING
COVINA, CA 91724
SBA Loan Lender
PACIFIC WESTERN BANK
19950 BEACH BLVD
HUNTINGTON BEACH, CA 92648
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
333511 - Industrial Mold Manufacturing
Loan Approval Date
12/6/2004
Loan Approval Gross Amount
$762,000
Loan Approval from the SBA
Of the total $762,000 loan amount, the SBA guaranteed $571,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 24 employees. The loan application indicated that the loan would help retain 24 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Pacific Western Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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