AmPac Small Business Success

You can find the lastest news and updates that will help your business in California

AmPac Borrowers Create Success

Woman Owned Startup Business

Highlights Loan Purpose: Inventory Location: Los Angeles, CA Industry: Banking and Finance Project Cost: $75,000Supported by the California State Guaranty AmPac Business Capital provides a working capital loan to woman owned, start up business in Los Angeles area. Borrower used her industry experience in alcohol sales to create an American…

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Post-COVID-19 Recovery Solution for Growth

Fast Facts Loan Purpose: Refinance with cash out of operating expenses Third Party Lender: Morgan Stanley Bank Location: Long Beach, CA Industry: Banking and Finance Project Cost: $2,680,000 Property: 6,780 square feet Jobs Created: 7-10 employees Anju and Sanil Garg know the banking and ABL (asset-basedlending) industry very well. With…

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Two Immigrant-Owned Businesses…One Solution

SBA 504 loan helps two business owners purchase 175,000 sq.ft. warehouse Fast Facts Loan Purpose: Purchase of an industrial warehouse (real estate acquisition) Third Party Lender: Bank Five Nine Location: Montclair, CA Project Cost: $13,200,000 Property: 175,000 square feet Jobs Created: 15 employees At first glance, a crawfish distributor and…

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sierra vista winery success story

Fulfilling a Dream of Owning a Winery in Placerville, CA

With the SBA 504 Loan, couple fulfills dream of owning a winery in Placerville, CA Fast Facts Loan Purpose: Start-up, Special Use Property Location: Placerville, CA Project Cost: $2,128,000 Financing: 80% Financing, 3.02% 25 year fixed rate Jobs Created: 2 Jobs Retained: 4 The borrower and his wife had dreamed…

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Start Up Storage Facility In the Inland Empire

Fast Facts Loan Purpose: Ground-up construction of an 840 unit climate controlled self-storage facility Location: El Centro / Imperial Valley Project Cost: $9,300,000 Property: 4.6 acres Financing: 85% Financing, no additional collateral needed. Start-up business, projection based. 6 months payment forgiveness. 2.88% 25-year fixed rate SBA 2nd TD. Jobs Created:…

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image: El Atacor Restaurant

El Atacor Restaurant

Feeding the Dream and the Community Entrepreneurs have seen their business dreams crushed and many have closed their business doors permanently due to COVID-19. A report by Stanford Institute for Economic Policy Research indicates the number of active business owners in the United States plummeted by 3.3 million or 22…

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Acra Industries, Inc.

Acra Industries, Inc. Needed Financing to Expand Dharmesh David Patel has been well-versed in the mechanical engineering industry for as long as he can remember. After starting Acra Industries and expanding it into a metal fabrication business in 2006, David and his wife found themselves to be truly living the…

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Country Archer

Jerky Manufacturer Reaches New Markets with New Building When Susan Kang and her partner took over the jerky company in Grand Terrace, their office was housed in a small trailer where the office staff barely had passing room and each shared a desk. The manufacturing space was less than conducive…

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AmPac Funds Sunny Market, a Supermarket in South Los Angeles

Supermarket in South Los Angeles to Expand Healthy Food Offerings As part of its Healthy Food Loan Program, AmPac funded a local supermarket in south Los Angeles to promote healthy food offerings in a local community that is considered a food desert. The borrower obtained a low interest $30,000 loan…

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image: Wild Goose Coffee Roasters roasted coffee bag

Wild Goose Coffee Opens Tasting Room

Faith-Based Small Business Summit Panelist News Nathan Westwick, owner of Wild Goose Coffee Roasters and one of the panelists at last year’s Faith-Based Small Business Summit, recently announced that his Redlands-based warehouse facility now has a dedicated tasting room. “We are still a wholesaler, but we have had enough people…

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