Financing for Commercial and Service Industry Machinery Manufacturing

Looking for commercial loans for commercial and service industry machinery manufacturing? The SBA may be the answer. This $531,079 commercial and service industry machinery manufacturing loan was issued by a Texas bank.

Getting a small business loan in Pampa, Texas was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Firstbank Southwest, operating out of Pampa, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: SERVICE INDUSTRY MACHINERY
PAMPA, TX 79065

SBA Loan Lender

FIRSTBANK SOUTHWEST
300 W KINGSMILL ST
PAMPA, TX 79065

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3589 - Service Industry Machinery

NAICS Code

333319 - Commercial and Service Industry Machinery Manufacturing

Loan Approval Date

12/20/2001

Loan Approval Gross Amount

$531,079

Loan Approval from the SBA

Of the total $531,079 loan amount, the SBA guaranteed $398,309.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 10 employees. This SBA loan request did not indicate that the company planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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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