Where to Get Capital for Industrial Mold Manufacturing
Looking for small business loans for industrial mold manufacturing? Try the SBA. This $42,200 industrial mold manufacturing loan was issued by a Missouri bank.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Liberty Bank, out of Springfield, Missouri. The loan was granted and they received $42,200 to help grow their Nixa, Missouri business.
SBA Loan Borrower
COMPANY TYPE: SPECIAL DIES AND TOOLS, DIE SETS, JIGS AND FIXTURE
NIXA, MO 65714
SBA Loan Lender
LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804
This small business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3544 - Special Dies and Tools, Die Sets, Jigs and Fixture
NAICS Code
333511 - Industrial Mold Manufacturing
Loan Approval Date
3/12/2002
Loan Approval Gross Amount
$42,200
Loan Approval from the SBA
Of the total $42,200 loan amount, the SBA guaranteed $35,870.
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 13 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Liberty Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Angel Investors
SBA Approved Banks in Springfield, Missouri
Missouri SBA 7A Lenders