Where to Get Capital for Fabricated Metal Product Manufacturing
With these small business loans for fabricated metal product manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated metal product manufacturing loan for $500,000 was given to a Pennsylvania entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Aston, Pennsylvania was able to borrow $500,000 from Isn Bank. The SBA made the loan possible by guaranteeing $375,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
ASTON, PA 19014
SBA Loan Lender
ISN BANK
457 HADDONFIELD RD, LIBERTYVI
CHERRY HILL, NJ 08002
This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
5/29/2003
Loan Approval Gross Amount
$500,000
Loan Approval from the SBA
Of the total $500,000 loan amount, the SBA guaranteed $375,000.
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 3 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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