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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Hemet, Business Loans > Union Bank Of California Hemet Business Loans > Fabricated Metal Products Loan | ||||
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California Bank SBA Loans
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Union Bank Of California SBA Loan to Fabricated Metal Products CompanyWant a California SBA loan? Here's one California business loan that was approved by the SBA. This small business needed an SBA business loan in San Bernadino, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Union Bank Of California, operating out of Hemet, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: FABRICATED METAL PRODUCTS SBA Loan Lender UNION BANK OF CALIFORNIA This lender issued this particular SBA bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3499 - Fabricated Metal Products Loan Approval Date 1/14/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $80,000. 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 8 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Union Bank Of California so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: SBA 7A Banks in Hemet, California Find an SBA Lender in California
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