Get an SBA Loan for Jewelry Manufacturing
With these small business loans for jewelry manufacturing, the SBA guarantees the lender that the loan will be repaid. This jewelry manufacturing loan for $37,500 was given to a West Virginia entrepreneur in 2000.
This company knew how to go about getting a business bank loan. Based in Huntington, West Virginia, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Branch Bank & Trust, based in Huntington, West Virginia.
SBA Loan Borrower
COMPANY TYPE: PRECIOUS METAL JEWELRY
HUNTINGTON, WV 25701
SBA Loan Lender
BRANCH BANK & TRUST
10 W 6TH AVE
HUNTINGTON, WV 25701
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3911 - Precious Metal Jewelry
NAICS Code
339911 - Jewelry Manufacturing
Loan Approval Date
2/9/2000
Loan Approval Gross Amount
$37,500
Loan Approval from the SBA
Of the total $37,500 loan amount, the SBA guaranteed $30,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Dealing With Venture Capitalists
SBA Participating Banks in Huntington, West Virginia
Getting an SBA Loan in West Virginia