Dothan, Alabama Bank Gives SBA Loan to Metal Window And Door Manufacturing Company

Thinking about meeting with a Dothan, Alabama bank about a small business loan? Here's one Alabama business loan, issued by a Dothan bank, that was approved by the SBA.

Applying for an SBA loan with Ameris Bank worked out well for our friends at one local business in Dothan, Alabama. They got an SBA loan for $150,000. Nice!

SBA Loan Borrower

COMPANY TYPE: METAL WINDOW AND DOOR MANUFACTURING
DOTHAN, AL 36301

SBA Loan Lender

AMERIS BANK
3299 ROSS CLARK CIR NW
DOTHAN, AL 36303

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332321 - Metal Window and Door Manufacturing

Loan Approval Date

8/18/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Dothan AL, you ought to talk with a local Dothan SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dothan businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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