California Small Business Loan Issued to Metal Coating, Engraving And Allied Services Company
Bank loans in California are tough to come by these days. We take a look at one California bank loan, provided by a California bank, that was approved by the SBA.
You can learn something about getting a small business loan in Oakland, California by studying this loan to a local company, made back in 2001. Banks like Bank Of The West may also be willing to lend to you, given that they granted this small business loan.
SBA Loan Borrower
COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES
OAKLAND, CA 94621
SBA Loan Lender
BANK OF THE WEST
10181 TRUCKEE TAHOE AIRPORT R
TRUCKEE, CA 96161
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
332812 - Metal Coating, Engraving and Allied Services
Loan Approval Date
12/4/2001
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
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 14 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 17 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
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 $225,000 loan. Remember, where there is a will, there is a way!
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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