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November 23, 2024  
 
 
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Loan Census SBA Loan Info

Raising Money for Enameled Iron and Metal Sanitary Ware Manufacturing

Looking for bank loans for enameled iron and metal sanitary ware manufacturing? An SBA loan may be just what you've been looking for. This $250,000 enameled iron and metal sanitary ware manufacturing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denison, Texas was able to borrow $250,000 from Amer National Bank - Texas. The SBA made the loan possible by guaranteeing $125,000 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: ENAMELED IRON AND METAL SANITARY WARE MANUFACTURING
DENISON, TX 75020

SBA Loan Lender

AMER NATIONAL BANK - TEXAS
2720 W 7TH ST
FORT WORTH, TX 76102

This lender processed this SBA 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

332998 - Enameled Iron and Metal Sanitary Ware Manufacturing

Loan Approval Date

1/14/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 38 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 38 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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