How to Get a Loan for Dry Pasta Manufacturing
Looking for SBA loans for dry pasta manufacturing? Talk to a banker who works with the SBA. This $300,000 dry pasta manufacturing loan was issued by a California bank.
This small business knew how to go about getting a business bank loan. Based in Vernon, 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: DRY PASTA MANUFACTURING
VERNON, CA 90058
SBA Loan Lender
CITIZENS BUSINESS BANK
4100 W ALAMEDA AVE
BURBANK, CA 91505
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
311823 - Dry Pasta Manufacturing
Loan Approval Date
7/27/2001
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Citizens Business Bank and they will explain how you can get an SBA loan for your company.
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:
Alternative Financing
SBA Participating Banks in Burbank, California
Getting an SBA Loan in California