Pump and Pumping Equipment Manufacturing SBA Loans
Looking for SBA loans for pump and pumping equipment manufacturing? The SBA may be the answer. This $50,000 pump and pumping equipment manufacturing loan was issued by a California bank.
Getting a small business loan in Exeter, California was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Valley Business Bank, operating out of Visalia, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PUMP AND PUMPING EQUIPMENT MANUFACTURING
EXETER, CA 93221
SBA Loan Lender
VALLEY BUSINESS BANK
200 S COURT ST
VISALIA, CA 93291
This lender issued this SBA bank loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
333911 - Pump and Pumping Equipment Manufacturing
Loan Approval Date
2/23/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Valley Business 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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