Financing for Sheet Metal Work Manufacturing
Looking for commercial loans for sheet metal work manufacturing? Talk to a banker who works with the SBA. This $285,240 sheet metal work manufacturing loan was issued by a Texas bank.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The Frost National Bank, out of North Richland Hills, Texas. The loan was granted and they received $285,240 to help grow their Fort Worth, Texas business.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK MANUFACTURING
FORT WORTH, TX 76105
SBA Loan Lender
THE FROST NATIONAL BANK
9001 AIRPORT FRWY, STE 100
NORTH RICHLAND HILLS, TX 76180
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332322 - Sheet Metal Work Manufacturing
Loan Approval Date
12/1/2000
Loan Approval Gross Amount
$285,240
Loan Approval from the SBA
Of the total $285,240 loan amount, the SBA guaranteed $213,930.
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 11 employees. This SBA loan request indicated that the borrowed money would help create 1 new job.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Fort Worth TX, you ought to talk with a local Fort Worth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Worth businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Frost National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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