Raising Money for Custom Architectural Woodwork and Millwork Manufacturing

Looking for business loans for custom architectural woodwork and millwork manufacturing? An SBA loan may be just what you've been looking for. This $180,000 custom architectural woodwork and millwork manufacturing loan was issued by a Texas bank.

Getting a small business loan in Grand Prairie, Texas was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Grand Bank Of Texas, operating out of Grand Prairie, Texas. Here are the details on this Texas small business loan.

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 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

4/25/2006

Loan Approval Gross Amount

$180,000

Loan Approval from the SBA

Of the total $180,000 loan amount, the SBA guaranteed $90,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 16 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Grand Bank Of Texas and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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