Bank Loans for Pressed and Blown Glass and Glassware Manufacturing
With these bank loans for pressed and blown glass and glassware manufacturing, the SBA guarantees the lender that the loan will be repaid. This pressed and blown glass and glassware manufacturing loan for $150,000 was given to a Florida entrepreneur in 2000.
This small firm knew how to go about getting a business bank loan. Based in Eustis, Florida, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of America, based in Charlotte, North Carolina.
SBA Loan Borrower
COMPANY TYPE: PRESSED AND BLOWN GLASS AND GLASSWARE
EUSTIS, FL 32726
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3229 - Pressed and Blown Glass and Glassware
NAICS Code
327212 - Pressed and Blown Glass and Glassware Manufacturing
Loan Approval Date
1/6/2000
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $112,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 21 new jobs and retain 21 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to find business people willing to loan money, 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.
Related Links:
Bank Credit Lines
Best Banks in Charlotte, North Carolina
SBA Lenders in North Carolina