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December 22, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Salt Lake City, Business Loans > Merrill Lynch Bank Usa Salt Lake City Business Loans > Architectural And Ornamental Metal Work Loan | ||||
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Mukilteo SBA Loans
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Washington Small Business Loan Issued to Architectural And Ornamental Metal Work CompanyWashingtonBusiness loans are available to Washington business owners through the SBA. In this case, an Utah bank provides the loan. By giving the right information to Merrill Lynch Bank Usa, this Mukilteo, Washington business was able to get an SBA loan. To get this loan, the business owner gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: ARCHITECTURAL AND ORNAMENTAL METAL WORK SBA Loan Lender MERRILL LYNCH BANK USA This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3446 - Architectural and Ornamental Metal Work NAICS Code 332323 - Ornamental and Architectural Metal Work Manufacturing Loan Approval Date 8/9/2000 Loan Approval Gross Amount $600,000 Loan Approval from the SBA Of the total $600,000 loan amount, the SBA guaranteed $450,000. 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 22 employees. The loan application indicated that the loan would help generate 15 new jobs and retain 37 existing jobs. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great funding source Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $600,000 loan. Remember, where there is a will, there is a way! 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: Role of Business Plan When Raising Money
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