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November 15, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Fort Payne, Business Loans > First Federal Bank Fort Payne Business Loans > Pressed And Blown Glass And Glassware Loan | ||||
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Fort Payne, Alabama Bank Loan
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Growing Company Gets an Alabama Business LoanAlabamaBank loans are available to Alabama firms through the SBA. In this case, an Alabama bank provides the loan. You can learn something about getting a small business loan in Fort Payne, Alabama by studying this loan to a local company, made back in 2002. Banks like First Federal Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: PRESSED AND BLOWN GLASS AND GLASSWARE SBA Loan Lender FIRST FEDERAL BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a 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 8/1/2002 Loan Approval Gross Amount $230,000 Loan Approval from the SBA Of the total $230,000 loan amount, the SBA guaranteed $172,500. 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 3 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. This SBA loan was for $230,000. How would you spend $230,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding From a Venture Capitalist Best Fort Payne, Alabama Banks for Small Business
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