Getting an SBA Loan for Tradebinding and Related Work

With these commercial loans for tradebinding and related work, the SBA guarantees the lender that the loan will be repaid. This tradebinding and related work loan for $190,300 was given to a California entrepreneur in 2007.

This business knew how to go about getting a business bank loan. Based in Santa Fe Springs, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Santa Clara Valley Bank National A, based in Santa Paula, California.

SBA Loan Borrower

COMPANY TYPE: TRADEBINDING AND RELATED WORK
SANTA FE SPRINGS, CA 90670

SBA Loan Lender

SANTA CLARA VALLEY BANK NATIONAL A
901 E MAIN ST
SANTA PAULA, CA 93060

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

323121 - Tradebinding and Related Work

Loan Approval Date

1/26/2007

Loan Approval Gross Amount

$190,300

Loan Approval from the SBA

Of the total $190,300 loan amount, the SBA guaranteed $142,725.

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 40 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 40 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $190,300. How would you spend $190,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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