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.
Related Links:
Obtaining Funding - Friends and Family
Best Fort Worth, Texas Banks for Small Business
Texas SBA 7A Lenders