Financing for Fabricated Metal Product Manufacturing
Looking for commercial loans for fabricated metal product manufacturing? Talk to a banker who works with the SBA. This $175,500 fabricated metal product manufacturing loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $175,500 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $131,625 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
PHOENIX, AZ 85085
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
3/11/2002
Loan Approval Gross Amount
$175,500
Loan Approval from the SBA
Of the total $175,500 loan amount, the SBA guaranteed $131,625.
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 only one employee. The loan application indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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