Business Loans for Fabricated Pipe and Pipe Fitting Manufacturing
Looking for business loans for fabricated pipe and pipe fitting manufacturing? The SBA may be the answer. This $1,375,000 fabricated pipe and pipe fitting manufacturing loan was issued by a Texas bank.
Getting a small business loan in Bowie, Texas was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Southwest Securities, Fsb, operating out of Arlington, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED PIPE AND PIPE FITTING MANUFACTURING
BOWIE, TX 76230
SBA Loan Lender
SOUTHWEST SECURITIES, FSB
301 S CENTER ST, STE #120
ARLINGTON, TX 76010
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332996 - Fabricated Pipe and Pipe Fitting Manufacturing
Loan Approval Date
7/24/2002
Loan Approval Gross Amount
$1,375,000
Loan Approval from the SBA
Of the total $1,375,000 loan amount, the SBA guaranteed $999,996.
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 only one employee. The loan application indicated that the loan would help generate 16 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 $1,375,000 loan. Remember, if it to be, it is up to me!
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:
Realistic Debt Financing Options
Banks in Arlington, Texas
Getting an SBA Loan in Texas