Bank - America California SBA Loan to Primary Metal Products Company
Looking to get a California business loan? Here's one California business loan that was approved by the SBA.
This local small business knew how to go about getting a business bank loan. Based in Escondido, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Bank - America California, based in Rancho Cordova, California.
SBA Loan Borrower
COMPANY TYPE: PRIMARY METAL PRODUCTS
ESCONDIDO, CA 92025
SBA Loan Lender
BANK - AMERICA CALIFORNIA
10850 WHITE ROCK ROAD, STE 10
RANCHO CORDOVA, CA 95670
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
3399 - Primary Metal Products
Loan Approval Date
6/13/2000
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
If you need business start up money in Escondido CA, you ought to talk with a local Escondido SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Escondido businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Bank - America California so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
The Friends and Family Network
Small Bank Loans in Rancho Cordova, California
California SBA 7A Lenders