Getting an SBA Loan for Fabricated Metal Product Manufacturing
Looking for SBA loans for fabricated metal product manufacturing? Talk to a banker who works with the SBA. This $50,000 fabricated metal product manufacturing loan was issued by an Utah bank.
Getting a small business loan in Provo, Utah was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bank Of American Fork, operating out of American Fork, Utah. Here are the details on this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
PROVO, UT 84604
SBA Loan Lender
BANK OF AMERICAN FORK
33 E MAIN
AMERICAN FORK, UT 84003
This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
2/28/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
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 $50,000 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:
Direct Public Offerings
Small Business Banks in American Fork, Utah
SBA Utah Banks