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November 15, 2024  
 
 
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What Does It Take to Get a Business Loan in Hesperia, California?

 

 
Loan Census SBA Loan Info

Financing for Plastics Product Manufacturing

Looking for commercial loans for plastics product manufacturing? Try the SBA. This $25,000 plastics product manufacturing loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Hesperia, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was East West Bank, A Division Of, based in Victorville, California.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING
HESPERIA, CA 92345

SBA Loan Lender

EAST WEST BANK, A DIVISION OF
12530 HESPERIA RD, STE 101
VICTORVILLE, CA 92392

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

326199 - Plastics Product Manufacturing

Loan Approval Date

3/20/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like East West Bank, A Division Of and they will explain how you can get an SBA loan for your company.

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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