Small Business Loans for Sheet Metal Work Manufacturing
With these small business loans for sheet metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This sheet metal work manufacturing loan for $1,250,000 was given to a New Jersey entrepreneur in 2001.
This small firm knew how to go about getting a business bank loan. Based in Voken Tract, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Pnc Bank, National Association, based in Pittsburgh, Pennsylvania.
SBA Loan Borrower
COMPANY TYPE: SHEET METAL WORK MANUFACTURING
VOKEN TRACT, NJ 08043
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
332322 - Sheet Metal Work Manufacturing
Loan Approval Date
8/24/2001
Loan Approval Gross Amount
$1,250,000
Loan Approval from the SBA
Of the total $1,250,000 loan amount, the SBA guaranteed $937,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 38 employees. The loan application indicated that the loan would help retain 35 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in Voken Tract NJ, you ought to talk with a local Voken Tract SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Voken Tract businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
The Friends and Family Network
Banks in Pittsburgh, Pennsylvania
SBA Pennsylvania Lenders