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November 21, 2024  
 
 
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Mobile SBA Loans

 

 
Loan Census SBA Loan Info

Alabama Bank Loan Issued to Truck Trailer Manufacturing Company

AlabamaSmall business loans are available to Alabama small business owners through the SBA. In this case, a Florida bank provides the loan.

You can learn something about getting a small business loan in Mobile, Alabama by studying this loan to a local company, made back in 2007. Banks like Business Loan Center, LLC may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: TRUCK TRAILER MANUFACTURING
Mobile, AL 36618

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
415 BECKRICH RD., STE 250
PANAMA CITY BEACH, FL 32407

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

336212 - Truck Trailer Manufacturing

Loan Approval Date

7/23/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $42,500.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you are raising money in Mobile AL, you ought to talk with a local Mobile SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Mobile businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Business Loan Center, LLC and they will explain how you can get an SBA loan for your company.

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:

Small Business Credit Cards

SBA Participating Banks in Panama City Beach, Florida

Getting an SBA Loan in Florida