Get an SBA Loan for Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing

Looking for loans for industrial truck, tractor, trailer, and stacker machinery manufacturing? An SBA loan may be just what you've been looking for. This $50,000 industrial truck, tractor, trailer, and stacker machinery manufacturing loan was issued by a Maine bank.

Getting a small business loan in Sabina, Ohio was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Kennebunk Savings Bank, operating out of Kennebunk, Maine. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: INDUSTRIAL TRUCK, TRACTOR, TRAILER, AND STACKER MACHINERY MANUFACTURING
SABINA, OH 45169

SBA Loan Lender

KENNEBUNK SAVINGS BANK
104 MAIN ST
KENNEBUNK, ME 04043

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

333924 - Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing

Loan Approval Date

8/22/2001

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 a new 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 only one employee. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Kennebunk Savings Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Debt Financing

Best Banks for Small Business in Kennebunk, Maine

SBA Lenders in Maine