Fabricated Metal Product Manufacturing SBA Loans
With these SBA loans for fabricated metal product manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated metal product manufacturing loan for $130,000 was given to a Kansas entrepreneur in 2004.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with 1st St. Bank - Burlingame, out of Burlingame, Kansas. The loan was granted and they received $130,000 to help grow their Auburn, Kansas business.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCTS
AUBURN, KS 66402
SBA Loan Lender
1ST ST. BANK - BURLINGAME
115 S TOPEKA
BURLINGAME, KS 66413
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3499 - Fabricated Metal Products
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
5/4/2004
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
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 6 employees. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from 1st St. Bank - Burlingame so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Realistic Debt Financing Options
SBA Participating Banks in Burlingame, Kansas
Find an SBA Lender in Kansas