Getting an SBA Loan for Sign Manufacturing
Looking for commercial loans for sign manufacturing? An SBA loan may be just what you've been looking for. This $423,000 sign manufacturing loan was issued by an Alabama bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $423,000 from Compass Bank. The SBA made the loan possible by guaranteeing $317,250 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: SIGN MANUFACTURING
PHOENIX, AZ 85023
SBA Loan Lender
COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233
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.
NAICS Code
339950 - Sign Manufacturing
Loan Approval Date
6/11/2003
Loan Approval Gross Amount
$423,000
Loan Approval from the SBA
Of the total $423,000 loan amount, the SBA guaranteed $317,250.
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 19 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 19 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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Getting an SBA Loan in Alabama