Residential Electric Lighting Fixture Manufacturing Bank Loans

With these bank loans for residential electric lighting fixture manufacturing, the SBA guarantees the lender that the loan will be repaid. This residential electric lighting fixture manufacturing loan for $426,000 was given to an Arizona entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Casa Grande, Arizona was able to borrow $426,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $319,500 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL ELECTRIC LIGHTING FIXTURE MANUFACTURING
CASA GRANDE, AZ 85222

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

335121 - Residential Electric Lighting Fixture Manufacturing

Loan Approval Date

5/7/2001

Loan Approval Gross Amount

$426,000

Loan Approval from the SBA

Of the total $426,000 loan amount, the SBA guaranteed $319,500.

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 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.

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.

We've showcased information on this loan to let you know that businesses like yours 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.

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