Motor Vehicle Parts Wholesalers Loans

Looking for loans for motor vehicle parts wholesalers? Talk to a banker who works with the SBA. This $1,232,500 motor vehicle parts wholesalers loan was issued by a California bank.

This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Center Bank, out of Los Angeles, California. The loan was granted and they received $1,232,500 to help grow their Los Angeles, California business.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE PARTS WHOLESALERS
LOS ANGELES, CA 90021

SBA Loan Lender

CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421140 - Motor Vehicle Parts Wholesalers

Loan Approval Date

11/3/2000

Loan Approval Gross Amount

$1,232,500

Loan Approval from the SBA

Of the total $1,232,500 loan amount, the SBA guaranteed $749,976.

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 9 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 11 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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Where to Get an SBA Loan in Los Angeles, California

California SBA Bank Lenders