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November 21, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Sporting And Athletic Goods Loan | ||||
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Business Loans for Westminster Small Businesses
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Where to Get Capital for Sporting and Athletic Goods ManufacturingWith these small business loans for sporting and athletic goods manufacturing, the SBA guarantees the lender that the loan will be repaid. This sporting and athletic goods manufacturing loan for $1,170,000 was given to a California entrepreneur in 2000. This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Center Bank, out of Los Angeles, California. The loan was granted and they received $1,170,000 to help grow their Westminster, California business. SBA Loan Borrower COMPANY TYPE: SPORTING AND ATHLETIC GOODS SBA Loan Lender CENTER BANK This lender provides SBA debt financing 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. SIC Code 3949 - Sporting and Athletic Goods NAICS Code 339920 - Sporting and Athletic Goods Manufacturing Loan Approval Date 3/6/2000 Loan Approval Gross Amount $1,170,000 Loan Approval from the SBA Of the total $1,170,000 loan amount, the SBA guaranteed $749,970. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. This SBA loan request indicated that the loan would help generate 15 new jobs and retain 15 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,170,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: SBA Participating Banks in Los Angeles, California SBA Participating Banks in California
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