Manufacturing Business Loans

Looking for business loans for manufacturing? Talk to a banker who works with the SBA. This $250,000 manufacturing loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Livermore, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Fremont Bank, based in Fremont, California.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
LIVERMORE, CA 94550

SBA Loan Lender

FREMONT BANK
39150 FREMONT BLVD
FREMONT, CA 94538

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339999 - Manufacturing

Loan Approval Date

8/24/2001

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 5 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Livermore CA, you ought to talk with a local Livermore SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Livermore businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Fremont Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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