Business Loans for Industrial Pattern Manufacturing

Looking for business loans for industrial pattern manufacturing? An SBA loan may be just what you've been looking for. This $140,000 industrial pattern manufacturing loan was issued by an Alabama bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with The Exchange Bank Of Alabama, out of Gadsden, Alabama. The loan was granted and they received $140,000 to help grow their Gadsden, Alabama business.

SBA Loan Borrower

COMPANY TYPE: SPECIAL DIES AND TOOLS, DIE SETS, JIGS AND FIXTURE
GADSDEN, AL 35904

SBA Loan Lender

THE EXCHANGE BANK OF ALABAMA
230 N 3RD ST
GADSDEN, AL 35901

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

3544 - Special Dies and Tools, Die Sets, Jigs and Fixture

NAICS Code

332997 - Industrial Pattern Manufacturing

Loan Approval Date

9/19/2003

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Business Credit Evaluation

Small Business Banks in Gadsden, Alabama

Getting a Business Loan in Alabama