Wood Office Furniture Manufacturing SBA Loans

Looking for SBA loans for wood office furniture manufacturing? An SBA loan may be just what you've been looking for. This $150,000 wood office furniture manufacturing loan was issued by a Florida bank.

Getting a small business loan in St Louis, Missouri was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Mercantil Commercebank National As, operating out of Hialeah, Florida. Here are the details on this Missouri small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD OFFICE FURNITURE MANUFACTURING
ST LOUIS, MO 63133

SBA Loan Lender

MERCANTIL COMMERCEBANK NATIONAL AS
1601 E 4TH AVE
HIALEAH, FL 33010

This lender processed this debt financing 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

337211 - Wood Office Furniture Manufacturing

Loan Approval Date

9/8/2006

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $75,000.

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 7 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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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