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November 14, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Glendale, Business Loans > World Trade Finance, Inc. Glendale Business Loans > Commercial And Service Industry Machinery Manufacturing Loan | ||||
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Good Banks for Huntington Beach Small Businesses
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Financing for Commercial and Service Industry Machinery ManufacturingLooking for loans for commercial and service industry machinery manufacturing? An SBA loan may be just what you've been looking for. This $150,000 commercial and service industry machinery manufacturing loan was issued by a California bank. This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with World Trade Finance, Inc., out of Glendale, California. The loan was granted and they received $150,000 to help grow their Huntington Beach, California business. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND SERVICE INDUSTRY MACHINERY MANUFACTURING SBA Loan Lender WORLD TRADE FINANCE, INC. 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 333319 - Commercial and Service Industry Machinery Manufacturing Loan Approval Date 1/28/2003 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $135,000. 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 7 employees. The loan application indicated that the loan would help retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Best Glendale, California Banks for Small Business
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