San Francisco, California Bank Gives SBA Loan to Converted Paper Product Manufacturing Company
A San Francisco, California business loan can be yours. Learn how a business got a $665,000 business loan from this California bank.
This loan to a local firm is a good example of an SBA loan. Bank Of The West made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: CONVERTED PAPER PRODUCT MANUFACTURING
PICO RIVERA, CA 90660
SBA Loan Lender
BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104
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
322299 - Converted Paper Product Manufacturing
Loan Approval Date
12/6/2001
Loan Approval Gross Amount
$665,000
Loan Approval from the SBA
Of the total $665,000 loan amount, the SBA guaranteed $498,750.
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 35 employees. The SBA loan documents indicated that the loan would help retain 35 existing jobs.
Getting an SBA Loan For Your Business
If you want money for new small business in Pico Rivera CA, you ought to talk with a local Pico Rivera SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Pico Rivera businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of The West and they will explain how you can get an SBA loan for your company.
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:
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SBA Banks in San Francisco, California
California SBA Bank Lenders