Loans for Gypsum Product Manufacturing

Looking for loans for gypsum product manufacturing? Talk to a banker who works with the SBA. This $75,000 gypsum product manufacturing loan was issued by an Alabama bank.

Getting a small business loan in Pelham, Alabama was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Renasant Bank, operating out of Decatur, Alabama. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: GYPSUM PRODUCTS
PELHAM, AL 35124

SBA Loan Lender

RENASANT BANK
211 LEE ST NE
DECATUR, AL 35602

This small business loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending background and are well trained in SBA lending rules and regulations.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3275 - Gypsum Products

NAICS Code

327420 - Gypsum Product Manufacturing

Loan Approval Date

1/25/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $75,000 loan. Remember, fight for what you want, and it will be yours!

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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