Where to Get Capital for Fabricated Structural Metal Manufacturing
With these SBA loans for fabricated structural metal manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated structural metal manufacturing loan for $100,000 was given to a New Jersey entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rochelle Park (township Of), New Jersey was able to borrow $100,000 from Columbia Bank. The SBA made the loan possible by guaranteeing $50,000 of this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING
ROCHELLE PARK (TOWNSHIP OF), NJ 07662
SBA Loan Lender
COLUMBIA BANK
RTE 4 EAST, STE 304, BERGEN M
PARAMUS, NJ 07652
This lender processed this SBA loan 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
332312 - Fabricated Structural Metal Manufacturing
Loan Approval Date
5/22/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 only one employee. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Columbia Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Columbia Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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