SBA Loan from Premier Comm. Bank Helps Relay And Industrial Control Manufacturing Company
Premier Comm. Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
This business knew how to go about getting a business bank loan. Based in La Habra, California, they applied for and received an SBA-guaranteed loan in 2003. The lending bank was Premier Comm. Bank, based in Anaheim, California.
SBA Loan Borrower
COMPANY TYPE: RELAY AND INDUSTRIAL CONTROL MANUFACTURING
LA HABRA, CA 92630
SBA Loan Lender
PREMIER COMM. BANK
2400 E KATELLA AVE, STE 125
ANAHEIM, CA 92806
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
335314 - Relay and Industrial Control Manufacturing
Loan Approval Date
12/19/2003
Loan Approval Gross Amount
$122,000
Loan Approval from the SBA
Of the total $122,000 loan amount, the SBA guaranteed $103,700.
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 131 employees. This SBA loan request indicated that the loan would help retain 131 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide smart, affordable business financing for small businesses looking to expand.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.
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