Stearns Product Development Corporation

20281 Harvill Ave, Perris, CA 92570 · Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Preciou (NAICS 332215)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$10.0M

Jobs Supported

180

Years Active

2015–2022

Loan History (2)

Source: SBA FOIA
7(a)$5,000,000
Paid in Full
Approved
Apr 14, 2022 (FY2022)
SBA Guaranteed
$4,500,000 (90%)
Term
300 months (25.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
100
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Preciou (NAICS 332215)
Paid in Full
Mar 31, 2025

Lender

Calprivate Bank

9404 Genesee Ave, La Jolla, CA 92037

Project Location

Riverside County, CA

7(a)$5,000,000
Paid in Full
Approved
Dec 2, 2014 (FY2015)
SBA Guaranteed
$4,500,000 (90%)
Term
300 months (25.0 yrs)
Interest Rate
5.00%
Revolver
0
Jobs Supported
80
Business Type
Corporation
Industry
Food Product Machinery Manufacturing (NAICS 333241)
Paid in Full
Mar 31, 2022

Lender

Citizens Business Bank National Association

701 N Haven Ave, Ontario, CA 91764

Project Location

Riverside County, CA

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
332215 Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Preciou
Address
20281 Harvill Ave
Perris, CA 92570

Lenders

Calprivate Bank
9404 Genesee Ave, La Jolla, CA 92037
Citizens Business Bank National Association
701 N Haven Ave, Ontario, CA 91764

Other SBA Borrowers in Perris

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