Financing for Roofing, Siding, and Sheet Metal Contractors
Looking for commercial loans for roofing, siding, and sheet metal contractors? An SBA loan may be just what you've been looking for. This $195,000 roofing, siding, and sheet metal contractors loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pampa, Texas was able to borrow $195,000 from First State Bank. The SBA made the loan possible by guaranteeing $146,250 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL WORK
PAMPA, TX 79065
SBA Loan Lender
FIRST STATE BANK
100 S MAIN
MIAMI, TX 79059
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.
SIC Code
1761 - Roofing, Siding, and Sheet Metal Work
NAICS Code
235610 - Roofing, Siding, and Sheet Metal Contractors
Loan Approval Date
10/17/2002
Loan Approval Gross Amount
$195,000
Loan Approval from the SBA
Of the total $195,000 loan amount, the SBA guaranteed $146,250.
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 10 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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 First State Bank 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.
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