Sheet Metal Work Manufacturing Commercial Loans

Looking for commercial loans for sheet metal work manufacturing? The SBA may be the answer. This $140,000 sheet metal work manufacturing loan was issued by a Nebraska bank.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Jones National Bank & Trust - Sewar, out of Seward, Nebraska. The loan was granted and they received $140,000 to help grow their Seward, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: SHEET METAL WORK MANUFACTURING
SEWARD, NE 68434

SBA Loan Lender

JONES NATIONAL BANK & TRUST - SEWAR
203 S 6TH ST
SEWARD, NE 68434

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332322 - Sheet Metal Work Manufacturing

Loan Approval Date

7/12/2005

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $119,000.

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 4 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

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