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November 21, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Roswell, Business Loans > First Fed. A Division - Washin Roswell Business Loans > Industrial Mold Manufacturing Loan | ||||
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Roswell SBA Lenders
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Roswell, New Mexico Bank Lends Money to Industrial Mold Manufacturing Company in El Paso, TexasWant to talk with a Roswell, New Mexico bank about an SBA loan? Here's one Texas business loan, issued by a Roswell bank, that was approved by the SBA. Applying for an SBA loan with First Fed. A Division - Washin worked out well for our friends at one local business in El Paso, Texas. The business was able to get an SBA loan for $80,000. Sweet! SBA Loan Borrower COMPANY TYPE: INDUSTRIAL MOLD MANUFACTURING SBA Loan Lender FIRST FED. A DIVISION - WASHIN The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 333511 - Industrial Mold Manufacturing Loan Approval Date 9/19/2001 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $40,000. 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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 3 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: A Company That Helps Entrepreneurs Best Roswell, New Mexico Banks for Small Business
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