Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Santa Clara, California and We Got One!

 

 
Loan Census SBA Loan Info

Borrowing Money for Prefabricated Metal Building and Component Manufacturing

Looking for loans for prefabricated metal building and component manufacturing? Talk to a banker who works with the SBA. This $455,000 prefabricated metal building and component manufacturing loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in Santa Clara, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Cupertino National Bank A Division, based in Cupertino, California.

SBA Loan Borrower

COMPANY TYPE: PREFABRICATED METAL BUILDING AND COMPONENT MANUFACTURING
SANTA CLARA, CA 95054

SBA Loan Lender

CUPERTINO NATIONAL BANK A DIVISION
20230 STEVENS CREEK BLVD
CUPERTINO, CA 95014

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332311 - Prefabricated Metal Building and Component Manufacturing

Loan Approval Date

5/2/2001

Loan Approval Gross Amount

$455,000

Loan Approval from the SBA

Of the total $455,000 loan amount, the SBA guaranteed $341,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 12 employees. The loan application indicated that the loan would help retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

We can help you find the best banks for small businesses in Santa Clara or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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