Anaheim, California Bank Lends Money to Ophthalmic Goods Manufacturing Company in Ventura, California
An Anaheim, California business loan can be yours. Learn how a business got a $238,400 business loan from this California bank.
This loan to a local firm is a good example of an SBA loan. Fullerton Community Bank, Fsb made the loan and the SBA guaranteed a portion of the loan. Many other California entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: OPHTHALMIC GOODS MANUFACTURING
VENTURA, CA 93003
SBA Loan Lender
FULLERTON COMMUNITY BANK, FSB
791 S WIER CANYON RD
ANAHEIM, CA 92808
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide 7A business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339115 - Ophthalmic Goods Manufacturing
Loan Approval Date
11/1/2000
Loan Approval Gross Amount
$238,400
Loan Approval from the SBA
Of the total $238,400 loan amount, the SBA guaranteed $178,800.
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. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
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:
Obtaining Funding - Getting Venture Capital
Small Bank Loans in Anaheim, California
California SBA 7A Banks