Business Loans for Fabricated Pipe and Pipe Fitting Manufacturing
Looking for business loans for fabricated pipe and pipe fitting manufacturing? Talk to a banker who works with the SBA. This $300,000 fabricated pipe and pipe fitting manufacturing loan was issued by a Georgia bank.
This small business knew how to go about getting a business bank loan. Based in Lithonia, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Cornerstonebank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: FABRICATED PIPE AND PIPE FITTING MANUFACTURING
LITHONIA, GA 30058
SBA Loan Lender
CORNERSTONEBANK
2060 MT PARAN RD NW, STE 100
ATLANTA, GA 30327
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
332996 - Fabricated Pipe and Pipe Fitting Manufacturing
Loan Approval Date
1/22/2004
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $225,000.
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 2 employees. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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