Financing for Fluid Power Valve and Hose Fitting Manufacturing

Looking for loans for fluid power valve and hose fitting manufacturing? Try the SBA. This $103,500 fluid power valve and hose fitting manufacturing loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oakhurst, California was able to borrow $103,500 from Central Valley Community Bank. The SBA made the loan possible by guaranteeing $87,975 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FLUID POWER VALVE AND HOSE FITTING MANUFACTURING
OAKHURST, CA 93644

SBA Loan Lender

CENTRAL VALLEY COMMUNITY BANK
40266 JUNCTION DR
OAKHURST, CA 93644

This lender issued this business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332912 - Fluid Power Valve and Hose Fitting Manufacturing

Loan Approval Date

5/20/2002

Loan Approval Gross Amount

$103,500

Loan Approval from the SBA

Of the total $103,500 loan amount, the SBA guaranteed $87,975.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

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Small Bank Loans in Oakhurst, California

SBA Participating Banks in California