Financing for Sheet Metal Work Manufacturing
Looking for loans for sheet metal work manufacturing? An SBA loan may be just what you've been looking for. This $1,540,000 sheet metal work manufacturing loan was issued by a California bank.
This small firm knew how to go about getting a business bank loan. Based in Mission Viejo, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Community Bank, based in Pasadena, California.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK MANUFACTURING
MISSION VIEJO, CA 92806
SBA Loan Lender
COMMUNITY BANK
790 E COLORADO BLVD
PASADENA, CA 91101
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
332322 - Sheet Metal Work Manufacturing
Loan Approval Date
8/8/2007
Loan Approval Gross Amount
$1,540,000
Loan Approval from the SBA
Of the total $1,540,000 loan amount, the SBA guaranteed $1,155,000.
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 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs.
Getting an SBA Loan For Your 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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,540,000 loan. Remember, you control your own destiny.
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 Pasadena, California
California SBA 7A Lenders