Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

Pacoima, California Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Metal Coating, Engraving and Allied Services

Looking for loans for metal coating, engraving and allied services? Talk to a banker who works with the SBA. This $237,200 metal coating, engraving and allied services loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in Pacoima, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Vineyard Bank, based in Corona, California.

SBA Loan Borrower

COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES
PACOIMA, CA 91311

SBA Loan Lender

VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

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

4/21/2004

Loan Approval Gross Amount

$237,200

Loan Approval from the SBA

Of the total $237,200 loan amount, the SBA guaranteed $177,900.

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 18 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 22 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to find business people willing to loan money, 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:

Equity Financing

SBA 7A Banks in Corona, California

California SBA 7A Lenders