SBA Loans for Industrial Nonbuilding Structure Construction
Looking for SBA loans for industrial nonbuilding structure construction? Try the SBA. This $227,000 industrial nonbuilding structure construction loan was issued by a California bank.
Getting a small business loan in Northridge (north Los Angeles), California was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Cathay Bank, operating out of Alhambra, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: INDUSTRIAL NONBUILDING STRUCTURE CONSTRUCTION
NORTHRIDGE (NORTH LOS ANGELES), CA 91324
SBA Loan Lender
CATHAY BANK
1420 E VALLEY BLVD
ALHAMBRA, CA 91801
This lender provides SBA guaranteed business loans 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
234930 - Industrial Nonbuilding Structure Construction
Loan Approval Date
11/2/2000
Loan Approval Gross Amount
$227,000
Loan Approval from the SBA
Of the total $227,000 loan amount, the SBA guaranteed $170,250.
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. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $227,000. How would you spend $227,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Small Business Loan
Where to Get an SBA Loan in Alhambra, California
Where to Get an SBA Loan California