Get an SBA Loan for Fabricated Structural Metal Manufacturing

Looking for small business loans for fabricated structural metal manufacturing? The SBA may be the answer. This $109,200 fabricated structural metal manufacturing loan was issued by a Washington bank.

Getting a small business loan in Arlington, Washington was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Whidbey Island Bank, operating out of Sedro Woolley, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING
ARLINGTON, WA 98223

SBA Loan Lender

WHIDBEY ISLAND BANK
339 FERRY ST
SEDRO WOOLLEY, WA 98284

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

6/21/2001

Loan Approval Gross Amount

$109,200

Loan Approval from the SBA

Of the total $109,200 loan amount, the SBA guaranteed $92,820.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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 Cash Advances

SBA 7A Lenders in Sedro Woolley, Washington

Getting an SBA Loan in Washington