Paint and Coating Manufacturing SBA Loans
Looking for SBA loans for paint and coating manufacturing? Talk to a banker who works with the SBA. This $75,000 paint and coating manufacturing loan was issued by a Texas bank.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Southwest Bank, out of Fort Worth, Texas. The loan was granted and they received $75,000 to help grow their Mansfield, Texas business.
SBA Loan Borrower
COMPANY TYPE: PAINT AND COATING MANUFACTURING
MANSFIELD, TX 76063
SBA Loan Lender
SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
325510 - Paint and Coating Manufacturing
Loan Approval Date
7/12/2007
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 11 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 11 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Southwest Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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