Business Loans for Industrial Pattern Manufacturing

With these business loans for industrial pattern manufacturing, the SBA guarantees the lender that the loan will be repaid. This industrial pattern manufacturing loan for $1,035,000 was given to a Pennsylvania entrepreneur in 2000.

Getting a small business loan in Dubois, Pennsylvania was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Ups Capital Business Credit, operating out of Windsor, Connecticut. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL PATTERNS
DUBOIS, PA 15801

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3543 - Industrial Patterns

NAICS Code

332997 - Industrial Pattern Manufacturing

Loan Approval Date

6/30/2000

Loan Approval Gross Amount

$1,035,000

Loan Approval from the SBA

Of the total $1,035,000 loan amount, the SBA guaranteed $749,961.

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 14 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

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:

Direct Public Offerings

Banks in Windsor, Connecticut

SBA Connecticut Lenders