Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Preferred Bank Commercial Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Guided Missile, Space Vehicle Parts and Auxiliary Equipment Manufacturing

With these business loans for guided missile, space vehicle parts and auxiliary equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This guided missile, space vehicle parts and auxiliary equipment manufacturing loan for $600,000 was given to a California entrepreneur in 2000.

This small business knew how to go about getting a business bank loan. Based in Harbor City, California, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Preferred Bank, based in Los Angeles, California.

SBA Loan Borrower

COMPANY TYPE: GUIDED MISSILE AND SPACE VEHICLE PARTS
HARBOR CITY, CA 90710

SBA Loan Lender

PREFERRED BANK
601 S FIGUEROA ST, 20TH FL, S
LOS ANGELES, CA 90017

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3769 - Guided Missile and Space Vehicle Parts

NAICS Code

336419 - Guided Missile, Space Vehicle Parts and Auxiliary Equipment Manufacturing

Loan Approval Date

7/11/2000

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $270,000.

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 29 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Harbor City CA, you ought to talk with a local Harbor City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Harbor City businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Angel Investors

Small Bank Loans in Los Angeles, California

Getting a Business Loan in California