Getting an SBA Loan for Unsupported Plastics Profile Shapes Manufacturing
Looking for commercial loans for unsupported plastics profile shapes manufacturing? Talk to a banker who works with the SBA. This $800,000 unsupported plastics profile shapes manufacturing loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with California Bank & Trust, out of Sacramento, California. The loan was granted and they received $800,000 to help grow their Hayward, California business.
SBA Loan Borrower
COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES MANUFACTURING
HAYWARD, CA 94544
SBA Loan Lender
CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833
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
326121 - Unsupported Plastics Profile Shapes Manufacturing
Loan Approval Date
6/13/2006
Loan Approval Gross Amount
$800,000
Loan Approval from the SBA
Of the total $800,000 loan amount, the SBA guaranteed $500,000.
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 19 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 25 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $800,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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