SBA Loans for Electric Lamp Bulb and Part Manufacturing

Looking for SBA loans for electric lamp bulb and part manufacturing? The SBA may be the answer. This $1,146,000 electric lamp bulb and part manufacturing loan was issued by a New York bank.

This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Business Loan Center, LLC, out of New York, New York. The loan was granted and they received $1,146,000 to help grow their Ashland City, Tennessee business.

SBA Loan Borrower

COMPANY TYPE: ELECTRIC LAMP BULB AND PART MANUFACTURING
Ashland City, TN 37015

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

335110 - Electric Lamp Bulb and Part Manufacturing

Loan Approval Date

10/8/2007

Loan Approval Gross Amount

$1,146,000

Loan Approval from the SBA

Of the total $1,146,000 loan amount, the SBA guaranteed $859,500.

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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Business Loan Center, LLC 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.

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