Small Business Loans for Prefabricated Metal Building and Component Manufacturing
Looking for small business loans for prefabricated metal building and component manufacturing? The SBA may be the answer. This $150,000 prefabricated metal building and component manufacturing loan was issued by a Missouri bank.
This small firm knew how to go about getting a business bank loan. Based in Brookline, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Liberty Bank, based in Springfield, Missouri.
SBA Loan Borrower
COMPANY TYPE: PREFABRICATED METAL BUILDINGS AND COMPONENTS
BROOKLINE, MO 65619
SBA Loan Lender
LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3448 - Prefabricated Metal Buildings and Components
NAICS Code
332311 - Prefabricated Metal Building and Component Manufacturing
Loan Approval Date
7/28/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 10 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Financing Your Business
Banks in Springfield, Missouri
Missouri SBA Banks