Getting an SBA Loan for Paint and Coating Manufacturing
Looking for commercial loans for paint and coating manufacturing? An SBA loan may be just what you've been looking for. This $1,482,000 paint and coating manufacturing loan was issued by a California bank.
Getting a small business loan in Phoenix, Arizona was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from South Valley National Bank A Divis, operating out of Gilroy, California. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: PAINT AND COATING MANUFACTURING
Phoenix, AZ 85034
SBA Loan Lender
SOUTH VALLEY NATIONAL BANK A DIVIS
8000 SANTA TERESA BLVD
GILROY, CA 95020
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
325510 - Paint and Coating Manufacturing
Loan Approval Date
3/13/2007
Loan Approval Gross Amount
$1,482,000
Loan Approval from the SBA
Of the total $1,482,000 loan amount, the SBA guaranteed $1,111,500.
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 13 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 13 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This SBA loan was for $1,482,000. How would you spend $1,482,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Obtaining Funding From a Venture Capitalist
Best Banks in Gilroy, California
Getting an SBA Loan in California