Wood Window and Door Manufacturing Bank Loans

With these bank loans for wood window and door manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood window and door manufacturing loan for $1,070,000 was given to a Texas entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bryan, Texas was able to borrow $1,070,000 from Amer Business Lending Inc.. The SBA made the loan possible by guaranteeing $802,500 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
BRYAN, TX 77803

SBA Loan Lender

AMER BUSINESS LENDING INC.
1420 W. MOCKINGBIRD LANE, SUI
DALLAS, TX 75247

This loan for a small business 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.

NAICS Code

321911 - Wood Window and Door Manufacturing

Loan Approval Date

10/12/2005

Loan Approval Gross Amount

$1,070,000

Loan Approval from the SBA

Of the total $1,070,000 loan amount, the SBA guaranteed $802,500.

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 25 employees. The SBA loan documents did not indicate that the business promised to use the money to add employees or retain any existing employees.

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 funding source

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 $1,070,000 loan. Remember, you control your own destiny.

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:

Raising Venture Capital

Small Business Banks in Dallas, Texas

Texas SBA Bank Lenders