Commercial Loans for Current-Carrying Wiring Device Manufacturing
Looking for commercial loans for current-carrying wiring device manufacturing? Talk to a banker who works with the SBA. This $300,000 current-carrying wiring device manufacturing loan was issued by a Florida bank.
This small business knew how to go about getting a business bank loan. Based in Melbourne, Florida, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was The Bank Brevard, based in Melbourne, Florida.
SBA Loan Borrower
COMPANY TYPE: CURRENT-CARRYING WIRING DEVICE MANUFACTURING
MELBOURNE, FL 32904
SBA Loan Lender
THE BANK BREVARD
300 S HARBOR CITY BLVD
MELBOURNE, FL 32901
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This debt financing was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
335931 - Current-Carrying Wiring Device Manufacturing
Loan Approval Date
3/14/2005
Loan Approval Gross Amount
$300,000
Loan Approval from the SBA
Of the total $300,000 loan amount, the SBA guaranteed $270,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 7 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Melbourne or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Banking Deregulation's Effects on Entrepreneurship
SBA 7A Banks for Melbourne, Florida Loans
Florida SBA 7A Banks