Financing for Plate Work Manufacturing

Looking for commercial loans for plate work manufacturing? The SBA may be the answer. This $110,000 plate work manufacturing loan was issued by a Kansas bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Prescott State Bank, out of Prescott, Kansas. The loan was granted and they received $110,000 to help grow their Prescott, Kansas business.

SBA Loan Borrower

COMPANY TYPE: PLATE WORK MANUFACTURING
PRESCOTT, KS 66767

SBA Loan Lender

PRESCOTT STATE BANK
283 E MAIN
PRESCOTT, KS 66767

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332313 - Plate Work Manufacturing

Loan Approval Date

9/10/2001

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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