How to Get a Loan for Sporting and Athletic Goods Manufacturing
Looking for business loans for sporting and athletic goods manufacturing? Talk to a banker who works with the SBA. This $260,000 sporting and athletic goods manufacturing loan was issued by an Alabama bank.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Aliant Bank, out of Birmingham, Alabama. The loan was granted and they received $260,000 to help grow their Birmingham, Alabama business.
SBA Loan Borrower
COMPANY TYPE: SPORTING AND ATHLETIC GOODS
BIRMINGHAM, AL 35210
SBA Loan Lender
ALIANT BANK
92 EUCLID AVE
BIRMINGHAM, AL 35213
This commercial 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.
SIC Code
3949 - Sporting and Athletic Goods
NAICS Code
339920 - Sporting and Athletic Goods Manufacturing
Loan Approval Date
2/28/2000
Loan Approval Gross Amount
$260,000
Loan Approval from the SBA
Of the total $260,000 loan amount, the SBA guaranteed $195,000.
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 34 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
Related Links:
Borrowing Money from Friends and Family
Where to Get an SBA Loan in Birmingham, Alabama
SBA Lenders in Alabama