Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

We Needed a Commercial Loan in Oakland Park, Florida and We Got One!

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Wood Window and Door Manufacturing

With these loans for wood window and door manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood window and door manufacturing loan for $50,000 was given to a Florida entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Oakland Park, Florida was able to borrow $50,000 from Bank Of America. The SBA made the loan possible by guaranteeing $25,000 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
OAKLAND PARK, FL 33334

SBA Loan Lender

BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

321911 - Wood Window and Door Manufacturing

Loan Approval Date

10/31/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 6 new jobs and retain 10 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Oakland Park FL, you ought to talk with a local Oakland Park SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Oakland Park 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 Bank Of America 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:

Obtaining Funding From a Venture Capitalist

Where to Get an SBA Loan in Charlotte, North Carolina

Getting a Business Loan in North Carolina