Loans for Plastics Product Manufacturing
With these loans for plastics product manufacturing, the SBA guarantees the lender that the loan will be repaid. This plastics product manufacturing loan for $1,159,700 was given to a California entrepreneur in 2005.
Getting a small business loan in Fullerton, California was important for this company back in 2005 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: PLASTICS PRODUCT MANUFACTURING
FULLERTON, CA 92665
SBA Loan Lender
PACIFIC WESTERN BANK
19950 BEACH BLVD
HUNTINGTON BEACH, CA 92648
This lender provides SBA debt financing 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
326199 - Plastics Product Manufacturing
Loan Approval Date
7/7/2005
Loan Approval Gross Amount
$1,159,700
Loan Approval from the SBA
Of the total $1,159,700 loan amount, the SBA guaranteed $869,775.
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 42 employees. The SBA loan documents indicated that the loan would help retain 42 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
This SBA loan was for $1,159,700. How would you spend $1,159,700 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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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Getting a Business Loan in California