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December 22, 2024  
 
 
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I Need a Small Business Loan in Milpitas, California

 

 
Loan Census SBA Loan Info

Small Business Loans for Electroplating, Plating, Polishing, Anodizing, and Coloring

Looking for small business loans for electroplating, plating, polishing, anodizing, and coloring? Talk to a banker who works with the SBA. This $387,500 electroplating, plating, polishing, anodizing, and coloring loan was issued by a California bank.

Getting a small business loan in Milpitas, California was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bank - Santa Clara A Division, operating out of Santa Clara, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PRIMARY METAL PRODUCTS
MILPITAS, CA 95035

SBA Loan Lender

BANK - SANTA CLARA A DIVISION
1995 EL CAMINO REAL
SANTA CLARA, CA 95050

When it made this small business loan, this bank participated in the SBA's Certified Lenders Program (CLP). This program aims to offer quick service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3399 - Primary Metal Products

NAICS Code

332813 - Electroplating, Plating, Polishing, Anodizing, and Coloring

Loan Approval Date

5/2/2001

Loan Approval Gross Amount

$387,500

Loan Approval from the SBA

Of the total $387,500 loan amount, the SBA guaranteed $290,625.

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 5 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank - Santa Clara A Division that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Banks in Santa Clara, California

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