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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Elk Grove, Business Loans > Farmers & Merchants Bank - Cent. Elk Grove Business Loans > Chemical Product And Preparation Manufacturing Loan | ||||
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Stockton, California Bank for SBA Loans
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Get an SBA Loan for Chemical Product and Preparation ManufacturingLooking for small business loans for chemical product and preparation manufacturing? Try the SBA. This $240,000 chemical product and preparation manufacturing loan was issued by a California bank. Getting a small business loan in Stockton, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Farmers & Merchants Bank - Cent., operating out of Elk Grove, California. Here are the details on this California small business loan. SBA Loan Borrower COMPANY TYPE: CHEMICAL PRODUCT AND PREPARATION MANUFACTURING SBA Loan Lender FARMERS & MERCHANTS BANK - CENT. As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325998 - Chemical Product and Preparation Manufacturing Loan Approval Date 9/15/2004 Loan Approval Gross Amount $240,000 Loan Approval from the SBA Of the total $240,000 loan amount, the SBA guaranteed $180,000. 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 29 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This SBA loan was for $240,000. How would you spend $240,000 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: Role of Business Plan When Raising Money SBA Approved Banks in Elk Grove, California Where to Get an SBA Loan California
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