Raising Money for Metal Window and Door Manufacturing
Looking for business loans for metal window and door manufacturing? Try the SBA. This $100,000 metal window and door manufacturing loan was issued by a Louisiana bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Elmsford, New York was able to borrow $100,000 from Gulf Coast Bank & Trust. The SBA made the loan possible by guaranteeing $75,000 of this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: METAL DOORS, SASH, FRAMES, MOLDING, AND TRIM
ELMSFORD, NY 10523
SBA Loan Lender
GULF COAST BANK & TRUST
1825 VETERANS MEMORIAL BLVD
METAIRIE, LA 70005
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3442 - Metal Doors, Sash, Frames, Molding, and Trim
NAICS Code
332321 - Metal Window and Door Manufacturing
Loan Approval Date
8/29/2000
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $75,000.
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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, feel the fear, and do it anyway.
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:
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Who Lends Money to Small Businesses in Metairie, Louisiana
Where to Get an SBA Loan Louisiana