Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Raising Money in La Habra, California With SBA Loans

 

 
Loan Census SBA Loan Info

Refrigeration Equipment and Supplies Merchant Wholesalers Business Loans

Looking for business loans for refrigeration equipment and supplies merchant wholesalers? The SBA may be the answer. This $1,547,000 refrigeration equipment and supplies merchant wholesalers 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 Inland Commun Bank, out of Rialto, California. The loan was granted and they received $1,547,000 to help grow their La Habra, California business.

SBA Loan Borrower

COMPANY TYPE: REFRIGERATION EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS
LA HABRA, CA 90631

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

423740 - Refrigeration Equipment and Supplies Merchant Wholesalers

Loan Approval Date

12/14/2006

Loan Approval Gross Amount

$1,547,000

Loan Approval from the SBA

Of the total $1,547,000 loan amount, the SBA guaranteed $1,160,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 74 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 74 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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:

How Much Venture Capital Is There?

SBA Approved Banks in Rialto, California

California SBA Bank Lenders