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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Glendale, Business Loans > World Trade Finance, Inc. Glendale Business Loans > General Industrial Machinery And Equipment, N.E.C Loan | ||||
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Glendale, California SBA Lenders
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Glendale, California Bank Lends Money to General Industrial Machinery And Equipment, N.E.C Company in Santa Ana, CaliforniaGet to know Glendale, California banks that specialize in business loans and know how to work with entrepreneurs. World Trade Finance, Inc. is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Santa Ana, California starts with an understanding of who else has gotten loans in the area. In this case, a local company received funding from World Trade Finance, Inc.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT, N.E.C SBA Loan Lender WORLD TRADE FINANCE, INC. The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3569 - General Industrial Machinery and Equipment, N.E.C NAICS Code 333999 - General Purpose Machinery Manufacturing Loan Approval Date 2/1/2000 Loan Approval Gross Amount $1,666,000 Loan Approval from the SBA Of the total $1,666,000 loan amount, the SBA guaranteed $749,700. 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 50 employees. The SBA loan documents did not indicate that the SBA funding recipient 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? SBA loans provide smart, affordable business financing for small businesses looking to expand. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,666,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in Glendale, California
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