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December 25, 2024  
 
 
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We Needed an SBA Loan in Palmdale, California and We Got One!

 

 
Loan Census SBA Loan Info

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

Find an SBA Lender in California