Truck Trailer Manufacturing Business Loans

Looking for business loans for truck trailer manufacturing? Talk to a banker who works with the SBA. This $275,040 truck trailer manufacturing loan was issued by a Texas bank.

This small business knew how to go about getting a business bank loan. Based in Silsbee, Texas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Gulfco Fcu, based in Beaumont, Texas.

SBA Loan Borrower

COMPANY TYPE: SPORTING AND RECREATIONAL GOODS AND SUPPLIES
SILSBEE, TX 77656

SBA Loan Lender

GULFCO FCU
PO BOX 26002
BEAUMONT, TX 77720

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5091 - Sporting and Recreational Goods and Supplies

NAICS Code

336212 - Truck Trailer Manufacturing

Loan Approval Date

3/1/2004

Loan Approval Gross Amount

$275,040

Loan Approval from the SBA

Of the total $275,040 loan amount, the SBA guaranteed $206,280.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $275,040. How would you spend $275,040 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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