Loans for Wood Office Furniture Manufacturing

Looking for loans for wood office furniture manufacturing? An SBA loan may be just what you've been looking for. This $370,000 wood office furniture manufacturing loan was issued by a South Dakota bank.

This company knew how to go about getting a business bank loan. Based in Sioux Falls, South Dakota, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Savings Bank, based in Sioux Falls, South Dakota.

SBA Loan Borrower

COMPANY TYPE: WOOD OFFICE FURNITURE MANUFACTURING
SIOUX FALLS, SD 57103

SBA Loan Lender

FIRST SAVINGS BANK
2301 E 10TH ST
SIOUX FALLS, SD 57103

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

337211 - Wood Office Furniture Manufacturing

Loan Approval Date

4/6/2006

Loan Approval Gross Amount

$370,000

Loan Approval from the SBA

Of the total $370,000 loan amount, the SBA guaranteed $277,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 17 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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SBA 7A Lenders in Sioux Falls, South Dakota

SBA South Dakota Banks