Cerritos, California Lender Lends Money to Manufacturing Company
Find Cerritos, California banks that specialize in SBA loans and know how to work with entrepreneurs. Gateway Business Bank is one such bank, as evidenced by this SBA loan to one business.
Finding a small business loan in North Hollywood, California starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Gateway Business Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
NORTH HOLLYWOOD, CA 91605
SBA Loan Lender
GATEWAY BUSINESS BANK
18000 STUDEBAKER RD, STE 550
CERRITOS, CA 90703
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339999 - Manufacturing
Loan Approval Date
5/2/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 5 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need business start up money in North Hollywood CA, you ought to talk with a local North Hollywood SBA lender or talk with an out-of-area SBA lender that has previously loaned money to North Hollywood businesses.
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:
The Art of Bootstrapping
Who Lends Money to Small Businesses in Cerritos, California
California SBA Banks