Getting an SBA Loan for Plastics and Rubber Industry Machinery Manufacturing

Looking for commercial loans for plastics and rubber industry machinery manufacturing? The SBA may be the answer. This $10,000 plastics and rubber industry machinery manufacturing loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Umpqua Bank, out of Sonora, California. The loan was granted and they received $10,000 to help grow their Sonora, California business.

SBA Loan Borrower

COMPANY TYPE: PLASTICS AND RUBBER INDUSTRY MACHINERY MANUFACTURING
SONORA, CA 95370

SBA Loan Lender

UMPQUA BANK
13775-C MONO WAY
SONORA, CA 95370

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

333220 - Plastics and Rubber Industry Machinery Manufacturing

Loan Approval Date

8/28/2003

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are raising money in Sonora CA, you ought to talk with a local Sonora SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sonora businesses.

This SBA loan was for $10,000. How would you spend $10,000 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.

Related Links:

Debt Financing

SBA Banks in Sonora, California

SBA Lenders in California