Where to Get Capital for Prefabricated Wood Building Manufacturing

With these small business loans for prefabricated wood building manufacturing, the SBA guarantees the lender that the loan will be repaid. This prefabricated wood building manufacturing loan for $785,000 was given to a Colorado entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Laporte, Colorado was able to borrow $785,000 from First National Bank. The SBA made the loan possible by guaranteeing $588,750 of this Colorado small business loan.

SBA Loan Borrower

COMPANY TYPE: PREFABRICATED WOOD BUILDING MANUFACTURING
LAPORTE, CO 80535

SBA Loan Lender

FIRST NATIONAL BANK
205 W OAK ST
FORT COLLINS, CO 80521

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321992 - Prefabricated Wood Building Manufacturing

Loan Approval Date

1/11/2005

Loan Approval Gross Amount

$785,000

Loan Approval from the SBA

Of the total $785,000 loan amount, the SBA guaranteed $588,750.

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 23 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First National Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First National Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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Raising Venture Capital

SBA Banks in Fort Collins, Colorado

Where to Get an SBA Loan Colorado