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December 22, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Custom Architectural Woodwork And Millwork Manufacturing Loan | ||||
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Requirements for Businesses On Getting a Loan
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Small Business Loans for Custom Architectural Woodwork and Millwork ManufacturingLooking for small business loans for custom architectural woodwork and millwork manufacturing? An SBA loan may be just what you've been looking for. This $697,400 custom architectural woodwork and millwork manufacturing loan was issued by a Delaware bank. This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Lehman Brothers Bank, Fsb, out of Wilmington, Delaware. The loan was granted and they received $697,400 to help grow their Chino, California business. SBA Loan Borrower COMPANY TYPE: CUSTOM ARCHITECTURAL WOODWORK AND MILLWORK MANUFACTURING SBA Loan Lender LEHMAN BROTHERS BANK, FSB As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337212 - Custom Architectural Woodwork and Millwork Manufacturing Loan Approval Date 12/22/2005 Loan Approval Gross Amount $697,400 Loan Approval from the SBA Of the total $697,400 loan amount, the SBA guaranteed $523,050. 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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Lehman Brothers Bank, Fsb so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Decide How Much to Raise Best Banks for Small Business in Wilmington, Delaware
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