Temecula, California Bank Lends Money to Linal Tool & Engineering in Miami, Florida

A Temecula, California business loan can be yours. Learn how Linal Tool & Engineering got a $182,600 business loan from this California bank.

This loan to Linal Tool & Engineering is a good example of an SBA loan. Temecula Valley Bank made the loan and the SBA guaranteed a portion of the loan. Many other Florida entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

LINAL TOOL & ENGINEERING
7915 N W 67TH ST UNIT 31
MIAMI, FL 33166

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This lender provides SBA loan for small businesses 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

333514 - Special Die and Tool, Die Set, Jig, and Fixture Manufacturing

Loan Approval Date

9/13/2004

Loan Approval Gross Amount

$182,600

Loan Approval from the SBA

Of the total $182,600 loan amount, the SBA guaranteed $136,950.

More Information on This SBA Loan

The borrower, Linal Tool & Engineering, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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. If a firm like Linal Tool & Engineering is able to get a $182,600 loan, 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 SBA loan database.

Related Links:

Accountant's Role in Securing Financing

SBA 7A Banks in Temecula, California

California SBA 7A Lenders

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