Loans for Blind and Shade Manufacturing

With these loans for blind and shade manufacturing, the SBA guarantees the lender that the loan will be repaid. This blind and shade manufacturing loan for $117,900 was given to a Maryland entrepreneur in 2002.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Pnc Bank, National Association, out of Frederick, Maryland. The loan was granted and they received $117,900 to help grow their Baltimore, Maryland business.

SBA Loan Borrower

COMPANY TYPE: DRAPERY HARDWARE AND WINDOW BLINDS AND SHADES
BALTIMORE, MD 21227

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
110 THOMAS JOHNSON DR
FREDERICK, MD 21702

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2591 - Drapery Hardware and Window Blinds and Shades

NAICS Code

337920 - Blind and Shade Manufacturing

Loan Approval Date

1/24/2002

Loan Approval Gross Amount

$117,900

Loan Approval from the SBA

Of the total $117,900 loan amount, the SBA guaranteed $100,215.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to increase staffing levels 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 company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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