Getting an SBA Loan for Household Furniture Manufacturing

Looking for SBA loans for household furniture manufacturing? Talk to a banker who works with the SBA. This $100,000 household furniture manufacturing loan was issued by a California bank.

Getting a small business loan in Paramount, California was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Inland Commun Bank, operating out of Rialto, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: HOUSEHOLD FURNITURE MANUFACTURING
PARAMOUNT, CA 80723

SBA Loan Lender

INLAND COMMUN BANK
255 S RIVERSIDE AVE
RIALTO, CA 92376

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

337125 - Household Furniture Manufacturing

Loan Approval Date

4/29/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Paramount CA, you ought to talk with a local Paramount SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Paramount businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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

Who Lends Money to Small Businesses in Rialto, California

SBA Participating Banks in California