Business Loans for Adhesive Manufacturing

With these business loans for adhesive manufacturing, the SBA guarantees the lender that the loan will be repaid. This adhesive manufacturing loan for $164,900 was given to a California entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Diego, California was able to borrow $164,900 from First Bank. The SBA made the loan possible by guaranteeing $123,675 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: ADHESIVE MANUFACTURING
SAN DIEGO, CA 92154

SBA Loan Lender

FIRST BANK
318 4TH AVE
CHULA VISTA, CA 91910

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

325520 - Adhesive Manufacturing

Loan Approval Date

4/6/2004

Loan Approval Gross Amount

$164,900

Loan Approval from the SBA

Of the total $164,900 loan amount, the SBA guaranteed $123,675.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

SBIR Funding

SBA 7A Banks in Chula Vista, California

California SBA 7A Lenders