Raising Money for Farm and Garden Machinery and Equipment Merchant Wholesalers

With these bank loans for farm and garden machinery and equipment merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This farm and garden machinery and equipment merchant wholesalers loan for $350,000 was given to a California entrepreneur in 2006.

Getting a small business loan in Los Angeles, California was important for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Pacific Premier Bank, operating out of Costa Mesa, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FARM AND GARDEN MACHINERY AND EQUIPMENT MERCHANT WHOLESALERS
LOS ANGELES, CA 90065

SBA Loan Lender

PACIFIC PREMIER BANK
1600 SUNFLOWER AVE
COSTA MESA, CA 92626

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

423820 - Farm and Garden Machinery and Equipment Merchant Wholesalers

Loan Approval Date

5/17/2006

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 4 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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:

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in Costa Mesa, California

SBA California Lenders