SBA Loans for Cut Stone and Stone Product Manufacturing
Looking for SBA loans for cut stone and stone product manufacturing? Try the SBA. This $812,700 cut stone and stone product manufacturing loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in La Verne, California was able to borrow $812,700 from Union Bank Of California. The SBA made the loan possible by guaranteeing $609,525 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING
LA VERNE, CA 91750
SBA Loan Lender
UNION BANK OF CALIFORNIA
140 S ARROWHEAD
SAN BERNARDINO, CA 92408
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
327991 - Cut Stone and Stone Product Manufacturing
Loan Approval Date
11/21/2002
Loan Approval Gross Amount
$812,700
Loan Approval from the SBA
Of the total $812,700 loan amount, the SBA guaranteed $609,525.
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 13 employees. The SBA loan application for the borrower indicated that the loan would help retain 13 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Union Bank Of California so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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