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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Salt Lake City, Business Loans > Washington Mutual Bank Salt Lake City Business Loans > Electroplating, Plating, Polishing And Anodizing Loan | ||||
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Small Business Banks in California
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Electroplating, Plating, Polishing, Anodizing, and Coloring Commercial LoansWith these commercial loans for electroplating, plating, polishing, anodizing, and coloring, the SBA guarantees the lender that the loan will be repaid. This electroplating, plating, polishing, anodizing, and coloring loan for $305,000 was given to a California entrepreneur in 2000. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Diego, California was able to borrow $305,000 from Washington Mutual Bank. The SBA made the loan possible by guaranteeing $228,750 of this California small business loan. SBA Loan Borrower COMPANY TYPE: ELECTROPLATING, PLATING, POLISHING AND ANODIZING SBA Loan Lender WASHINGTON MUTUAL BANK When it made this small business loan, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to provide rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3471 - Electroplating, Plating, Polishing and Anodizing NAICS Code 332813 - Electroplating, Plating, Polishing, Anodizing, and Coloring Loan Approval Date 9/8/2000 Loan Approval Gross Amount $305,000 Loan Approval from the SBA Of the total $305,000 loan amount, the SBA guaranteed $228,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you want money for new small business in San Diego CA, you ought to talk with a local San Diego SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Diego businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Washington Mutual Bank 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 Participating Banks in Salt Lake City, Utah
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