Raising Money for Automotive Glass Replacement Shops

Looking for business loans for automotive glass replacement shops? The SBA may be the answer. This $22,400 automotive glass replacement shops loan was issued by a South Dakota bank.

This business knew how to go about getting a business bank loan. Based in Colome, South Dakota, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was First Fidelity Bank, based in Colome, South Dakota.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS
COLOME, SD 57528

SBA Loan Lender

FIRST FIDELITY BANK
301 MAIN ST
COLOME, SD 57528

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811122 - Automotive Glass Replacement Shops

Loan Approval Date

2/25/2004

Loan Approval Gross Amount

$22,400

Loan Approval from the SBA

Of the total $22,400 loan amount, the SBA guaranteed $19,040.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

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SBA loans provide money to small business owners for working capital for other expenses.

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.

Related Links:

Business Incubators

Small Business Banks in Colome, South Dakota

Find an SBA Lender in South Dakota