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December 4, 2024  
 
 
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Loan Census SBA Loan Info

Computer Peripheral Equipment Manufacturing Commercial Loans

Looking for commercial loans for computer peripheral equipment manufacturing? The SBA may be the answer. This $878,000 computer peripheral equipment manufacturing loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Gilbert, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Pacific Cap. Bank, based in Agoura Hills, California.

SBA Loan Borrower

COMPANY TYPE: COMPUTER PERIPHERAL EQUIPMENT MANUFACTURING
GILBERT, AZ 85233

SBA Loan Lender

PACIFIC CAP. BANK
30343 CANWOOD ST, STE 100
AGOURA HILLS, CA 91301

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

334119 - Computer Peripheral Equipment Manufacturing

Loan Approval Date

10/11/2005

Loan Approval Gross Amount

$878,000

Loan Approval from the SBA

Of the total $878,000 loan amount, the SBA guaranteed $658,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 14 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Determining Proper Capital Structure for a Business

Small Business Banks in Agoura Hills, California

Getting a Business Loan in California