Tire and Tube Wholesalers Bank Loans

With these bank loans for tire and tube wholesalers, the SBA guarantees the lender that the loan will be repaid. This tire and tube wholesalers loan for $100,000 was given to a California entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in Sun Valley, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Citizens Business Bank, based in Burbank, California.

SBA Loan Borrower

COMPANY TYPE: TIRE AND TUBE WHOLESALERS
SUN VALLEY, CA 91353

SBA Loan Lender

CITIZENS BUSINESS BANK
4100 W ALAMEDA AVE
BURBANK, CA 91505

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

421130 - Tire and Tube Wholesalers

Loan Approval Date

11/6/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 11 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Business Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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