Borrowing Money for Plastics Pipe and Pipe Fitting Manufacturing

Looking for loans for plastics pipe and pipe fitting manufacturing? Talk to a banker who works with the SBA. This $660,800 plastics pipe and pipe fitting manufacturing loan was issued by a California bank.

Getting a small business loan in Santa Clarita, California was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Citibank, operating out of Fullerton, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PIPE AND PIPE FITTING MANUFACTURING
SANTA CLARITA, CA 91351

SBA Loan Lender

CITIBANK
320 N HARBOR BLVD
FULLERTON, CA 92832

This lender issued this loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326122 - Plastics Pipe and Pipe Fitting Manufacturing

Loan Approval Date

8/29/2002

Loan Approval Gross Amount

$660,800

Loan Approval from the SBA

Of the total $660,800 loan amount, the SBA guaranteed $495,600.

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 12 employees. This SBA loan request did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Obtaining Funding - Friends and Family

SBA Banks in Fullerton, California

California SBA 7A Lenders