Loans for Brick and Structural Clay Tile Manufacturing
Looking for loans for brick and structural clay tile manufacturing? The SBA may be the answer. This $25,000 brick and structural clay tile manufacturing loan was issued by a New York bank.
This company knew how to go about getting a business bank loan. Based in Hilton, New York, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Manufacturers & Traders Trust, based in Buffalo, New York.
SBA Loan Borrower
COMPANY TYPE: BRICK AND STRUCTURAL CLAY TILE MANUFACTURING
Hilton, NY 14468
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
ONE M & T PLAZA
BUFFALO, NY 14203
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
327121 - Brick and Structural Clay Tile Manufacturing
Loan Approval Date
6/15/2006
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
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SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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