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November 21, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Gasket, Packing, And Sealing Device Manufacturing Loan | ||||
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How Do We Get a Business Loan in Mulberry, Florida?
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How to Get a Loan for Gasket, Packing, and Sealing Device ManufacturingWith these SBA loans for gasket, packing, and sealing device manufacturing, the SBA guarantees the lender that the loan will be repaid. This gasket, packing, and sealing device manufacturing loan for $72,000 was given to a Florida entrepreneur in 2003. Getting a small business loan in Mulberry, Florida was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from California Bank & Trust, operating out of Sacramento, California. Here are the details on this Florida small business loan. SBA Loan Borrower COMPANY TYPE: GASKET, PACKING, AND SEALING DEVICE MANUFACTURING SBA Loan Lender CALIFORNIA BANK & TRUST The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 339991 - Gasket, Packing, and Sealing Device Manufacturing Loan Approval Date 3/28/2003 Loan Approval Gross Amount $72,000 Loan Approval from the SBA Of the total $72,000 loan amount, the SBA guaranteed $36,000. 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 14 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 14 existing jobs. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. 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. Related Links: Best Sacramento, California Banks for Small Business
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