Where to Get Capital for Sheet Metal Work Manufacturing
With these small business loans for sheet metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This sheet metal work manufacturing loan for $35,000 was given to a California entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chino Hills, California was able to borrow $35,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $17,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK MANUFACTURING
CHINO HILLS, CA 91709
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
This lender processed this SBA small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
332322 - Sheet Metal Work Manufacturing
Loan Approval Date
7/30/2007
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Next Steps for Getting an SBA Loan
If you are raising money in Chino Hills CA, you ought to talk with a local Chino Hills SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chino Hills businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Advice on Getting a Small Business Loan
Best Banks for Small Business in Sioux Falls, South Dakota
South Dakota SBA 7A Lenders