Borrowing Money for Mattress Manufacturing

Looking for loans for mattress manufacturing? Try the SBA. This $490,000 mattress manufacturing loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in El Monte, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was United Commercial Bank, based in San Francisco, California.

SBA Loan Borrower

COMPANY TYPE: MATTRESS MANUFACTURING
EL MONTE, CA 91731

SBA Loan Lender

UNITED COMMERCIAL BANK
555 MONTGOMERY ST
SAN FRANCISCO, CA 94111

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

337910 - Mattress Manufacturing

Loan Approval Date

6/19/2001

Loan Approval Gross Amount

$490,000

Loan Approval from the SBA

Of the total $490,000 loan amount, the SBA guaranteed $367,500.

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 2 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a business in El Monte CA, you ought to talk with a local El Monte SBA lender or talk with an out-of-area SBA lender that has previously loaned money to El Monte businesses.

We can help you find the best banks for small businesses in El Monte or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Alternative Financing

SBA 7A Banks for San Francisco, California Loans

SBA Participating Banks in California