SBA Loans for Manufacturing
Looking for SBA loans for manufacturing? An SBA loan may be just what you've been looking for. This $809,500 manufacturing loan was issued by an Ohio bank.
This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with U.S. Bank National Association, out of Cincinnati, Ohio. The loan was granted and they received $809,500 to help grow their Lakewood, Colorado business.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
LAKEWOOD, CO 80215
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339999 - Manufacturing
Loan Approval Date
1/27/2005
Loan Approval Gross Amount
$809,500
Loan Approval from the SBA
Of the total $809,500 loan amount, the SBA guaranteed $607,125.
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 19 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 15 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like U.S. Bank National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.
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