Fabricated Structural Metal Manufacturing SBA Loans

Looking for SBA loans for fabricated structural metal manufacturing? Try the SBA. This $550,000 fabricated structural metal manufacturing loan was issued by an Illinois bank.

This business knew how to go about getting a business bank loan. Based in Jacksonville, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Bank Of Springfield, based in Springfield, Illinois.

SBA Loan Borrower

COMPANY TYPE: FABRICATED STRUCTURAL METAL
JACKSONVILLE, IL 62650

SBA Loan Lender

BANK OF SPRINGFIELD
2600 STEVENSON DR
SPRINGFIELD, IL 62703

This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3441 - Fabricated Structural Metal

NAICS Code

332312 - Fabricated Structural Metal Manufacturing

Loan Approval Date

7/14/2000

Loan Approval Gross Amount

$550,000

Loan Approval from the SBA

Of the total $550,000 loan amount, the SBA guaranteed $412,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 27 employees. The SBA loan documents did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are wondering how to raise money for a company in Jacksonville IL, you ought to talk with a local Jacksonville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Jacksonville businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of Springfield so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Investor Turnoffs

Banks in Springfield, Illinois

Getting an SBA Loan in Illinois