How to Get a Loan for Wood Kitchen Cabinet and Countertop Manufacturing
Looking for SBA loans for wood kitchen cabinet and countertop manufacturing? Talk to a banker who works with the SBA. This $70,880 wood kitchen cabinet and countertop manufacturing loan was issued by a Connecticut bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Union Savings Bank, out of Brookfield, Connecticut. The loan was granted and they received $70,880 to help grow their Brookfield, Connecticut business.
SBA Loan Borrower
COMPANY TYPE: WOOD KITCHEN CABINETS
BROOKFIELD, CT 06804
SBA Loan Lender
UNION SAVINGS BANK
200 FEDERAL RD
BROOKFIELD, CT 06804
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
2434 - Wood Kitchen Cabinets
NAICS Code
337110 - Wood Kitchen Cabinet and Countertop Manufacturing
Loan Approval Date
5/15/2003
Loan Approval Gross Amount
$70,880
Loan Approval from the SBA
Of the total $70,880 loan amount, the SBA guaranteed $60,248.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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.
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Connecticut SBA Bank Lenders