Get an SBA Loan for Sheet Metal Work Manufacturing

With these small business loans for sheet metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This sheet metal work manufacturing loan for $75,000 was given to an Iowa entrepreneur in 2006.

This company knew how to go about getting a business bank loan. Based in George, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Frontier Bank, based in Rock Rapids, Iowa.

SBA Loan Borrower

COMPANY TYPE: SHEET METAL WORK MANUFACTURING
GEORGE, IA 51237

SBA Loan Lender

FRONTIER BANK
301 1ST AVE
ROCK RAPIDS, IA 51246

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

332322 - Sheet Metal Work Manufacturing

Loan Approval Date

4/20/2006

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $37,500.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours 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:

Obtaining Funding - How to Decide How Much to Raise

SBA Participating Banks in Rock Rapids, Iowa

Getting a Business Loan in Iowa