Financing for Electrical Equipment and Component Manufacturing

Looking for commercial loans for electrical equipment and component manufacturing? Talk to a banker who works with the SBA. This $211,000 electrical equipment and component manufacturing loan was issued by a Georgia bank.

This business knew how to go about getting a business bank loan. Based in Alpharetta, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Branch Bank & Trust, based in Alpharetta, Georgia.

SBA Loan Borrower

COMPANY TYPE: ELECTRICAL INDUSTRIAL APPARATUS
ALPHARETTA, GA 30005

SBA Loan Lender

BRANCH BANK & TRUST
300 S MAIN ST
ALPHARETTA, GA 30004

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.

SIC Code

3629 - Electrical Industrial Apparatus

NAICS Code

335999 - Electrical Equipment and Component Manufacturing

Loan Approval Date

7/13/2000

Loan Approval Gross Amount

$211,000

Loan Approval from the SBA

Of the total $211,000 loan amount, the SBA guaranteed $158,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 21 employees. This SBA loan request indicated that the loan would help generate 8 new jobs and retain 29 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

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 $211,000 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.

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