Where to Get Capital for Fabricated Structural Metal Manufacturing
Looking for small business loans for fabricated structural metal manufacturing? Try the SBA. This $73,200 fabricated structural metal manufacturing loan was issued by a Washington bank.
This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Washington Business Bank, out of Olympia, Washington. The loan was granted and they received $73,200 to help grow their Rochester, Washington business.
SBA Loan Borrower
COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING
ROCHESTER, WA 98579
SBA Loan Lender
WASHINGTON BUSINESS BANK
2607 MARTIN WAY, STE 211
OLYMPIA, WA 98506
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332312 - Fabricated Structural Metal Manufacturing
Loan Approval Date
11/5/2007
Loan Approval Gross Amount
$73,200
Loan Approval from the SBA
Of the total $73,200 loan amount, the SBA guaranteed $54,900.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 Washington Business Bank 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:
Obtaining Funding From a Venture Capitalist
Banks in Olympia, Washington
Getting a Business Loan in Washington