Get an SBA Loan for Manufacturing

Looking for bank loans for manufacturing? Talk to a banker who works with the SBA. This $1,040,000 manufacturing loan was issued by a Delaware bank.

This company knew how to go about getting a business bank loan. Based in Glenside, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Preferred Capital Bidco, Inc., based in Wilmington, Delaware.

SBA Loan Borrower

COMPANY TYPE: MANUFACTURING
GLENSIDE, PA 19038

SBA Loan Lender

PREFERRED CAPITAL BIDCO, INC.
300 DELAWARE AVENUE, SUITE 13
WILMINGTON, DE 19801

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

339999 - Manufacturing

Loan Approval Date

5/31/2007

Loan Approval Gross Amount

$1,040,000

Loan Approval from the SBA

Of the total $1,040,000 loan amount, the SBA guaranteed $780,000.

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 9 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 14 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Glenside PA, you ought to talk with a local Glenside SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Glenside businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,040,000 loan. Remember, where there is a will, there is a way!

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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