Where to Get Capital for Showcase, Partition, Shelving, and Locker Manufacturing

Looking for SBA loans for showcase, partition, shelving, and locker manufacturing? An SBA loan may be just what you've been looking for. This $489,500 showcase, partition, shelving, and locker manufacturing loan was issued by a Texas bank.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $489,500 to help grow their Richfield, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: SHOWCASE, PARTITION, SHELVING, AND LOCKER MANUFACTURING
RICHFIELD, MN 55423

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

337215 - Showcase, Partition, Shelving, and Locker Manufacturing

Loan Approval Date

8/9/2005

Loan Approval Gross Amount

$489,500

Loan Approval from the SBA

Of the total $489,500 loan amount, the SBA guaranteed $367,125.

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 14 employees. The loan application did not indicate that the business promised to use the funding to add employees or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Comerica Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Small Business Credit Cards

Banks in Dallas, Texas

Texas SBA Bank Lenders