Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Whittier, California Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Electric Housewares and Household Fan Manufacturing

Looking for small business loans for electric housewares and household fan manufacturing? An SBA loan may be just what you've been looking for. This $25,000 electric housewares and household fan manufacturing loan was issued by a California bank.

This small firm knew how to go about getting a business bank loan. Based in Whittier, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Wells Fargo Bank, based in San Jose, California.

SBA Loan Borrower

COMPANY TYPE: ELECTRIC HOUSEWARES AND HOUSEHOLD FAN MANUFACTURING
WHITTIER, CA 90606

SBA Loan Lender

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

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

335211 - Electric Housewares and Household Fan Manufacturing

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Whittier CA, you ought to talk with a local Whittier SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Whittier businesses.

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 Wells Fargo 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:

Business Credit Evaluation

SBA 7A Banks in San Jose, California

SBA Lenders in California