Raising Money for Rubber Product Manufacturing for Mechanical Use

Looking for bank loans for rubber product manufacturing for mechanical use? Try the SBA. This $450,000 rubber product manufacturing for mechanical use loan was issued by a Nevada bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Nevada State Bank, out of Las Vegas, Nevada. The loan was granted and they received $450,000 to help grow their Verdi, Nevada business.

SBA Loan Borrower

COMPANY TYPE: RUBBER PRODUCT MANUFACTURING FOR MECHANICAL USE
VERDI, NV 89439

SBA Loan Lender

NEVADA STATE BANK
750 E WARM SPRINGS RD, STE 40
LAS VEGAS, NV 89119

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

326291 - Rubber Product Manufacturing for Mechanical Use

Loan Approval Date

4/18/2006

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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. The loan application indicated that the loan would help generate 9 new jobs and retain 4 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Verdi NV, you ought to talk with a local Verdi SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Verdi businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $450,000 loan. Remember, where there is a will, there is a way!

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:

Small Business Loan

Where to Get an SBA Loan in Las Vegas, Nevada

Nevada SBA 7A Lenders