Business Loan from Pff Bank & Trust Given to Transportation Equipment And Supplies Company
An SBA loan from Pff Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Orange, California business owner got a $250,000 loan.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Orange, California was able to borrow $250,000 from Pff Bank & Trust. The SBA made the loan possible by guaranteeing $187,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: TRANSPORTATION EQUIPMENT AND SUPPLIES
ORANGE, CA 92865
SBA Loan Lender
PFF BANK & TRUST
9467 MILLIKEN AVE
RANCHO CUCAMONGA, CA 91730
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5088 - Transportation Equipment and Supplies
NAICS Code
421860 - Transportation Equipment and Supplies Wholesalers
Loan Approval Date
10/29/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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