Getting an SBA Loan for Sheet Metal Work Manufacturing
Looking for commercial loans for sheet metal work manufacturing? Talk to a banker who works with the SBA. This $200,000 sheet metal work manufacturing loan was issued by a Missouri bank.
Getting a small business loan in Lebanon, Missouri was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Southern Missouri Bank - Marshfi, operating out of Marshfield, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK
LEBANON, MO 65536
SBA Loan Lender
SOUTHERN MISSOURI BANK - MARSHFI
1292 BANNING ST
MARSHFIELD, MO 65706
This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3444 - Sheet Metal Work
NAICS Code
332322 - Sheet Metal Work Manufacturing
Loan Approval Date
4/13/2001
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 10 employees. This SBA loan request did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Southern Missouri Bank - Marshfi and they will explain how you can get an SBA loan for your company.
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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