Financing for Gypsum Product Manufacturing
Looking for commercial loans for gypsum product manufacturing? Try the SBA. This $846,000 gypsum product manufacturing loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Palmdale, California was able to borrow $846,000 from Community W. Bank. The SBA made the loan possible by guaranteeing $634,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: GYPSUM PRODUCT MANUFACTURING
PALMDALE, CA 93550
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
327420 - Gypsum Product Manufacturing
Loan Approval Date
10/29/2003
Loan Approval Gross Amount
$846,000
Loan Approval from the SBA
Of the total $846,000 loan amount, the SBA guaranteed $634,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 23 employees. The SBA loan documents indicated that the loan would help retain 23 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Community W. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Community W. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Business Incubators
Banks in Goleta, California
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