Motor Vehicle Body Manufacturing Commercial Loans

Looking for commercial loans for motor vehicle body manufacturing? Talk to a banker who works with the SBA. This $868,000 motor vehicle body manufacturing loan was issued by a Texas bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Comerica Bank, out of Dallas, Texas. The loan was granted and they received $868,000 to help grow their Vassar, Michigan business.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE BODY MANUFACTURING
Vassar, MI 48768

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

336211 - Motor Vehicle Body Manufacturing

Loan Approval Date

4/3/2006

Loan Approval Gross Amount

$868,000

Loan Approval from the SBA

Of the total $868,000 loan amount, the SBA guaranteed $651,000.

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 2 employees. The loan application indicated that the funding would help create 25 new jobs.

Start the Process for Getting an SBA Loan Today!

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

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 $868,000 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.

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