Get an SBA Loan for Fabricated Metal Product Manufacturing

Looking for small business loans for fabricated metal product manufacturing? Talk to a banker who works with the SBA. This $455,456 fabricated metal product manufacturing loan was issued by a Washington bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Columbia State Bank, out of Enumclaw, Washington. The loan was granted and they received $455,456 to help grow their Buckley, Washington business.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT
BUCKLEY, WA 98321

SBA Loan Lender

COLUMBIA STATE BANK
501 ROOSEVELT AVE
ENUMCLAW, WA 98022

This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3599 - Industrial and Commercial Machinery and Equipment

NAICS Code

332999 - Fabricated Metal Product Manufacturing

Loan Approval Date

5/6/2002

Loan Approval Gross Amount

$455,456

Loan Approval from the SBA

Of the total $455,456 loan amount, the SBA guaranteed $341,592.

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 only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Columbia State Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Obtaining Funding - How to Borrow Money

Good Banks for Small Business in Enumclaw, Washington

Browse All Business Loan Sources for Washington