Borrowing Money for Custom Architectural Woodwork and Millwork Manufacturing
Looking for loans for custom architectural woodwork and millwork manufacturing? The SBA may be the answer. This $100,000 custom architectural woodwork and millwork manufacturing loan was issued by a Texas bank.
This small firm knew how to go about getting a business bank loan. Based in Grand Prairie, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Grand Bank Of Texas, based in Grand Prairie, Texas.
SBA Loan Borrower
COMPANY TYPE: CUSTOM ARCHITECTURAL WOODWORK AND MILLWORK MANUFACTURING
GRAND PRAIRIE, TX 75050
SBA Loan Lender
GRAND BANK OF TEXAS
2341 S BELTLINE RD
GRAND PRAIRIE, TX 75051
The lender provided this SBA loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
337212 - Custom Architectural Woodwork and Millwork Manufacturing
Loan Approval Date
6/16/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 16 employees. The SBA loan application for the borrower indicated that the loan would help retain 16 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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 Credit Cards
SBA Approved Banks in Grand Prairie, Texas
Texas SBA Bank Lenders