Fabricated Structural Metal Manufacturing Loans
With these loans for fabricated structural metal manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated structural metal manufacturing loan for $542,000 was given to an Arizona entrepreneur in 2000.
This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Sterling Savings Bank, out of Santa Rosa, California. The loan was granted and they received $542,000 to help grow their Phoenix, Arizona business.
SBA Loan Borrower
COMPANY TYPE: FABRICATED STRUCTURAL METAL
PHOENIX, AZ 85040
SBA Loan Lender
STERLING SAVINGS BANK
801 FOURTH ST
SANTA ROSA, CA 95404
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3441 - Fabricated Structural Metal
NAICS Code
332312 - Fabricated Structural Metal Manufacturing
Loan Approval Date
5/25/2000
Loan Approval Gross Amount
$542,000
Loan Approval from the SBA
Of the total $542,000 loan amount, the SBA guaranteed $406,500.
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 13 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 13 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money for an existing business, an SBA loan can be a great funding source
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $542,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Financing Your Business
Who Lends Money to Small Businesses in Santa Rosa, California
California SBA Bank Lenders