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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Irwindale, Business Loans > Sce Fcu Irwindale Business Loans > Industrial Design Services Loan | ||||
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SBA 7A Banks for Torrance Small Businesses
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Getting an SBA Loan for Industrial Design ServicesLooking for commercial loans for industrial design services? Try the SBA. This $70,000 industrial design services loan was issued by a California bank. This business knew how to go about getting a business bank loan. Based in Torrance, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Sce Fcu, based in Irwindale, California. SBA Loan Borrower COMPANY TYPE: INDUSTRIAL DESIGN SERVICES SBA Loan Lender SCE FCU This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541420 - Industrial Design Services Loan Approval Date 6/21/2004 Loan Approval Gross Amount $70,000 Loan Approval from the SBA Of the total $70,000 loan amount, the SBA guaranteed $59,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This SBA loan was for $70,000. How would you spend $70,000 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: Find an SBA Lender in Irwindale, California
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