Small Business Loans for Recyclable Material Merchant Wholesalers

Looking for small business loans for recyclable material merchant wholesalers? An SBA loan may be just what you've been looking for. This $319,800 recyclable material merchant wholesalers loan was issued by a California bank.

This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Santa Clara Valley Bank National A, out of Santa Paula, California. The loan was granted and they received $319,800 to help grow their Long Beach, California business.

SBA Loan Borrower

COMPANY TYPE: RECYCLABLE MATERIAL MERCHANT WHOLESALERS
LONG BEACH, CA 90805

SBA Loan Lender

SANTA CLARA VALLEY BANK NATIONAL A
901 E MAIN ST
SANTA PAULA, CA 93060

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

423930 - Recyclable Material Merchant Wholesalers

Loan Approval Date

3/30/2007

Loan Approval Gross Amount

$319,800

Loan Approval from the SBA

Of the total $319,800 loan amount, the SBA guaranteed $239,850.

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 23 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $319,800 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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