Raising Money for Roofing, Siding, and Sheet Metal Contractors
With these business loans for roofing, siding, and sheet metal contractors, the SBA guarantees the lender that the loan will be repaid. This roofing, siding, and sheet metal contractors loan for $20,000 was given to a Missouri entrepreneur in 2002.
This business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Meramec Valley Bank, out of Ellisville, Missouri. The loan was granted and they received $20,000 to help grow their Ellisville, Missouri business.
SBA Loan Borrower
COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS
ELLISVILLE, MO 63011
SBA Loan Lender
MERAMEC VALLEY BANK
199 CLARKSON RD
ELLISVILLE, MO 63011
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
235610 - Roofing, Siding, and Sheet Metal Contractors
Loan Approval Date
10/30/2002
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Meramec Valley Bank and they will explain how you can get an SBA loan for your company.
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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Where to Get an SBA Loan in Ellisville, Missouri
Where to Get an SBA Loan Missouri