Financing for Nitrogenous Fertilizer Manufacturing

Looking for loans for nitrogenous fertilizer manufacturing? An SBA loan may be just what you've been looking for. This $707,100 nitrogenous fertilizer manufacturing loan was issued by a California bank.

Getting a small business loan in Metter, Georgia was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Temecula Valley Bank, operating out of Temecula, California. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: NITROGENOUS FERTILIZER MANUFACTURING
METTER, GA 30459

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325311 - Nitrogenous Fertilizer Manufacturing

Loan Approval Date

1/26/2005

Loan Approval Gross Amount

$707,100

Loan Approval from the SBA

Of the total $707,100 loan amount, the SBA guaranteed $530,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The SBA loan application for the borrower indicated that the loan would help retain 14 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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