Nonmetallic Mineral Product Manufacturing Business Loans

Looking for business loans for nonmetallic mineral product manufacturing? The SBA may be the answer. This $735,000 nonmetallic mineral product manufacturing loan was issued by a Maryland bank.

Getting a small business loan in Newark, Delaware was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association, operating out of Elkton, Maryland. Here are the details on this Delaware small business loan.

SBA Loan Borrower

COMPANY TYPE: NONMETALLIC MINERAL PRODUCT MANUFACTURING
NEWARK, DE 19702

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
123 NORTH ST
ELKTON, MD 21921

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

327999 - Nonmetallic Mineral Product Manufacturing

Loan Approval Date

9/23/2003

Loan Approval Gross Amount

$735,000

Loan Approval from the SBA

Of the total $735,000 loan amount, the SBA guaranteed $551,250.

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 11 employees. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $735,000. How would you spend $735,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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