Bank Loans for Custom Architectural Woodwork and Millwork Manufacturing

With these bank loans for custom architectural woodwork and millwork manufacturing, the SBA guarantees the lender that the loan will be repaid. This custom architectural woodwork and millwork manufacturing loan for $250,000 was given to a Louisiana entrepreneur in 2004.

Getting a small business loan in New Orleans, Louisiana was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from New Orleans Regional Business Deve, operating out of New Orleans, Louisiana. Here are the details on this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: CUSTOM ARCHITECTURAL WOODWORK AND MILLWORK MANUFACTURING
NEW ORLEANS, LA 70122

SBA Loan Lender

NEW ORLEANS REGIONAL BUSINESS DEVE
650 POYDRAS, SUITE 1220
NEW ORLEANS, LA 70130

This business 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

337212 - Custom Architectural Woodwork and Millwork Manufacturing

Loan Approval Date

8/9/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

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 only one employee. The SBA loan documents did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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