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November 24, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Temecula, Business Loans > Temecula Valley Bank Temecula Business Loans > Ready-Mix Concrete Manufacturing Loan | ||||
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How to Get SBA Loans in Richwood Village (corporate Na, Texas
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Financing for Ready-Mix Concrete ManufacturingLooking for commercial loans for ready-mix concrete manufacturing? Talk to a banker who works with the SBA. This $2,000,000 ready-mix concrete manufacturing loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Richwood Village (corporate Na, Texas was able to borrow $2,000,000 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $1,500,000 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: READY-MIX CONCRETE MANUFACTURING SBA Loan Lender TEMECULA VALLEY BANK 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 327320 - Ready-Mix Concrete Manufacturing Loan Approval Date 8/24/2006 Loan Approval Gross Amount $2,000,000 Loan Approval from the SBA Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 20 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: Family and Friend Investors - Your First Financiers Small Business Banks in Temecula, California
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