Loans for Fabricated Structural Metal Manufacturing

Looking for loans for fabricated structural metal manufacturing? Talk to a banker who works with the SBA. This $150,000 fabricated structural metal manufacturing loan was issued by a Maryland bank.

This company knew how to go about getting a business bank loan. Based in Cambridge, Maryland, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Easton Bank And Trust Company, based in Easton, Maryland.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL
CAMBRIDGE, MD 21613

SBA Loan Lender

EASTON BANK AND TRUST COMPANY
501 IDLEWILD AVE
EASTON, MD 21601

This SBA loan 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.

SIC Code

3441 - Fabricated Structural Metal

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

4/18/2003

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 a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business promised to use the money to increase staffing levels 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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Easton Bank And Trust Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

SBA Participating Banks in Easton, Maryland

Where to Get an SBA Loan Maryland