Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Georgia Small Business Funding

 

 
Loan Census SBA Loan Info

Sheet Metal Work Manufacturing Loans

Looking for loans for sheet metal work manufacturing? Try the SBA. This $275,000 sheet metal work manufacturing loan was issued by a Florida bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First National Bank - Nassau Cnty, out of Fernandina Beach, Florida. The loan was granted and they received $275,000 to help grow their Bloomingdale, Georgia business.

SBA Loan Borrower

COMPANY TYPE: SHEET METAL WORK MANUFACTURING
BLOOMINGDALE, GA 31302

SBA Loan Lender

FIRST NATIONAL BANK - NASSAU CNTY
1891 S 14TH ST
FERNANDINA BEACH, FL 32034

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

332322 - Sheet Metal Work Manufacturing

Loan Approval Date

6/19/2003

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the funding would help create 2 new jobs.

Getting an SBA Loan For Your Business

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $275,000 loan. Remember, feel the fear, and do it anyway.

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:

How Equity Dilution Works

SBA Approved Banks in Fernandina Beach, Florida

SBA Participating Banks in Florida