Dog and Cat Food Manufacturing Loans
With these loans for dog and cat food manufacturing, the SBA guarantees the lender that the loan will be repaid. This dog and cat food manufacturing loan for $225,000 was given to a California entrepreneur in 2007.
Getting a small business loan in Sun Valley, California was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First Commerce Bank, operating out of Encino, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: DOG AND CAT FOOD MANUFACTURING
SUN VALLEY, CA 91352
SBA Loan Lender
FIRST COMMERCE BANK
16861 VENTURA BLVD, STE 100
ENCINO, CA 91436
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
311111 - Dog and Cat Food Manufacturing
Loan Approval Date
1/10/2007
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for 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 2 new jobs and retain 3 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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:
Getting a Small Business Loan
Best Encino, California Banks for Small Business
California SBA Bank Lenders