Rancho Cucamonga, California Bank Gives SBA Loan to Plastics Product Manufacturing Company

Thinking about meeting with a Rancho Cucamonga, California bank about a small business loan? Here's one California business loan, issued by a Rancho Cucamonga bank, that was approved by the SBA.

Applying for an SBA loan with Pff Bank & Trust worked out well for our friends at one local firm in Riverside, California. They got an SBA loan for $650,000. Nice!

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING
RIVERSIDE, CA 92507

SBA Loan Lender

PFF BANK & TRUST
9467 MILLIKEN AVE
RANCHO CUCAMONGA, CA 91730

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326199 - Plastics Product Manufacturing

Loan Approval Date

9/26/2002

Loan Approval Gross Amount

$650,000

Loan Approval from the SBA

Of the total $650,000 loan amount, the SBA guaranteed $419,250.

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 160 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

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