Borrowing Money for Urethane and Foam Product Manufacturing
Looking for loans for urethane and foam product manufacturing? An SBA loan may be just what you've been looking for. This $660,600 urethane and foam product manufacturing loan was issued by a Texas bank.
This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $660,600 to help grow their Marshall, Michigan business.
SBA Loan Borrower
COMPANY TYPE: URETHANE AND FOAM PRODUCT MANUFACTURING
MARSHALL, MI 49068
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
326150 - Urethane and Foam Product Manufacturing
Loan Approval Date
2/17/2004
Loan Approval Gross Amount
$660,600
Loan Approval from the SBA
Of the total $660,600 loan amount, the SBA guaranteed $495,450.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 13 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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.
Related Links:
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SBA 7A Lenders in Dallas, Texas
Texas SBA 7A Lenders