Raising Money for Cut Stone and Stone Product Manufacturing

Looking for bank loans for cut stone and stone product manufacturing? An SBA loan may be just what you've been looking for. This $211,200 cut stone and stone product manufacturing loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Torrance, California was able to borrow $211,200 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $158,400 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: CUT STONE AND STONE PRODUCTS
TORRANCE, CA 90505

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3281 - Cut Stone and Stone Products

NAICS Code

327991 - Cut Stone and Stone Product Manufacturing

Loan Approval Date

9/25/2000

Loan Approval Gross Amount

$211,200

Loan Approval from the SBA

Of the total $211,200 loan amount, the SBA guaranteed $158,400.

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 12 employees. This SBA loan request indicated that the loan would help generate 22 new jobs and retain 12 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $211,200 loan. Remember, you control your own destiny.

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:

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SBA Approved Banks in San Jose, California

Where to Get an SBA Loan California