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November 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Glendora, Business Loans > Pacific Western Bank Glendora Business Loans > Surgical Appliance And Supplies Manufacturing Loan | ||||
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San Pedro, California Bank Loan
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Small Business Loans for Surgical Appliance and Supplies ManufacturingWith these small business loans for surgical appliance and supplies manufacturing, the SBA guarantees the lender that the loan will be repaid. This surgical appliance and supplies manufacturing loan for $550,000 was given to a California entrepreneur in 2004. Getting a small business loan in San Pedro, California was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pacific Western Bank, operating out of Glendora, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: SURGICAL APPLIANCE AND SUPPLIES MANUFACTURING SBA Loan Lender PACIFIC WESTERN BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 339113 - Surgical Appliance and Supplies Manufacturing Loan Approval Date 11/3/2004 Loan Approval Gross Amount $550,000 Loan Approval from the SBA Of the total $550,000 loan amount, the SBA guaranteed $412,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: How Much Venture Capital Is There? Small Business Banks in Glendora, California
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