Financing for Lighting Equipment Manufacturing

With these loans for lighting equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This lighting equipment manufacturing loan for $80,200 was given to an Alabama entrepreneur in 2000.

Getting a small business loan in Birmingham, Alabama was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Regions Bank, operating out of Birmingham, Alabama. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: LIGHTING EQUIPMENT
BIRMINGHAM, AL 35215

SBA Loan Lender

REGIONS BANK
1900 5TH AVE NORTH
BIRMINGHAM, AL 35203

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.

SIC Code

3648 - Lighting Equipment

NAICS Code

335129 - Lighting Equipment Manufacturing

Loan Approval Date

2/10/2000

Loan Approval Gross Amount

$80,200

Loan Approval from the SBA

Of the total $80,200 loan amount, the SBA guaranteed $64,160.

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 4 employees. The SBA loan documents did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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:

Investor Turnoffs

Best Birmingham, Alabama Banks for Small Business

Alabama SBA 7A Lenders