Commercial Loans for Commercial and Industrial Machinery and Equipment

Looking for commercial loans for commercial and industrial machinery and equipment? An SBA loan may be just what you've been looking for. This $234,300 commercial and industrial machinery and equipment loan was issued by a Louisiana bank.

Getting a small business loan in Pine Bluff, Arkansas was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Ecd Investments Bidco Corp, operating out of Monroe, Louisiana. Here are the details on this Arkansas small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL AND INDUSTRIAL MACHINERY AND EQUIPMENT
PINE BLUFF, AR 71601

SBA Loan Lender

ECD INVESTMENTS BIDCO CORP
909 NORTH 18TH ST, STE 223
MONROE, LA 71201

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811310 - Commercial and Industrial Machinery and Equipment

Loan Approval Date

8/30/2004

Loan Approval Gross Amount

$234,300

Loan Approval from the SBA

Of the total $234,300 loan amount, the SBA guaranteed $175,725.

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. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ecd Investments Bidco Corp and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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

SBA 7A Banks in Monroe, Louisiana

SBA Lenders in Louisiana