Business Loans for Fabricated Metal Product Manufacturing
Looking for business loans for fabricated metal product manufacturing? Try the SBA. This $20,000 fabricated metal product manufacturing loan was issued by a New York bank.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Alliance Bank, out of Syracuse, New York. The loan was granted and they received $20,000 to help grow their Homer, New York business.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
HOMER, NY 13077
SBA Loan Lender
ALLIANCE BANK
120 MADISON ST, AXA TOWER LL,
SYRACUSE, NY 13202
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
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
12/13/2000
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you need business start up money in Homer NY, you ought to talk with a local Homer SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Homer businesses.
This SBA loan was for $20,000. How would you spend $20,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Financing Your Business
Good Banks for Small Business in Syracuse, New York
SBA Lenders in New York