Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Tempe, Arizona and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Metal Window and Door Manufacturing

With these loans for metal window and door manufacturing, the SBA guarantees the lender that the loan will be repaid. This metal window and door manufacturing loan for $699,900 was given to an Arizona entrepreneur in 2002.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Compass Bank, out of Birmingham, Alabama. The loan was granted and they received $699,900 to help grow their Tempe, Arizona business.

SBA Loan Borrower

COMPANY TYPE: METAL WINDOW AND DOOR MANUFACTURING
TEMPE, AZ 85259

SBA Loan Lender

COMPASS BANK
15 S 20TH ST
BIRMINGHAM, AL 35233

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

332321 - Metal Window and Door Manufacturing

Loan Approval Date

2/19/2002

Loan Approval Gross Amount

$699,900

Loan Approval from the SBA

Of the total $699,900 loan amount, the SBA guaranteed $524,925.

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 25 employees. The loan application indicated that the loan would help retain 25 existing jobs.

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

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