Ceramic Wall and Floor Tile Manufacturing Bank Loans
Looking for bank loans for ceramic wall and floor tile manufacturing? Try the SBA. This $1,190,000 ceramic wall and floor tile manufacturing loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Perris, California was able to borrow $1,190,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $892,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: CERAMIC WALL AND FLOOR TILE MANUFACTURING
Perris, CA 92570
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
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
327122 - Ceramic Wall and Floor Tile Manufacturing
Loan Approval Date
10/18/2005
Loan Approval Gross Amount
$1,190,000
Loan Approval from the SBA
Of the total $1,190,000 loan amount, the SBA guaranteed $892,500.
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 350 employees. The loan application indicated that the loan would help generate 400 new jobs and retain 350 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Comerica Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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