County Bank SBA Loan to Metal Valve And Pipe Fitting Manufacturing Company
An SBA loan from County Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fresno, California business owner got a $1,100,000 loan.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with County Bank, out of Merced, California. The loan was granted and they received $1,100,000 to help grow their Fresno, California business.
SBA Loan Borrower
COMPANY TYPE: METAL VALVE AND PIPE FITTING MANUFACTURING
FRESNO, CA 93727
SBA Loan Lender
COUNTY BANK
550 W MAIN ST
MERCED, CA 95340
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332919 - Metal Valve and Pipe Fitting Manufacturing
Loan Approval Date
4/6/2007
Loan Approval Gross Amount
$1,100,000
Loan Approval from the SBA
Of the total $1,100,000 loan amount, the SBA guaranteed $825,000.
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 40 employees. This SBA loan request indicated that the loan would help retain 40 existing jobs.
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Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours 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:
Obtaining Funding From a Venture Capitalist
Small Business Banks in Merced, California
SBA California Lenders