Commercial Loans for Fastener, Button, Needle, and Pin Manufacturing
With these commercial loans for fastener, button, needle, and pin manufacturing, the SBA guarantees the lender that the loan will be repaid. This fastener, button, needle, and pin manufacturing loan for $50,000 was given to a Georgia entrepreneur in 2004.
This small business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Capital One, out of Mclean, Virginia. The loan was granted and they received $50,000 to help grow their Fayetteville, Georgia business.
SBA Loan Borrower
COMPANY TYPE: FASTENER, BUTTON, NEEDLE, AND PIN MANUFACTURING
Fayetteville, GA 30214
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
339993 - Fastener, Button, Needle, and Pin Manufacturing
Loan Approval Date
11/8/2004
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 4 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding.
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:
Small Business Loan
SBA 7A Banks for Mclean, Virginia Loans
SBA Virginia Lenders