Wood Window and Door Manufacturing Small Business Loans
Looking for small business loans for wood window and door manufacturing? An SBA loan may be just what you've been looking for. This $200,000 wood window and door manufacturing loan was issued by a Minnesota bank.
This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Wells Fed. Bank A Fed. Savings, out of Wells, Minnesota. The loan was granted and they received $200,000 to help grow their Wells, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
WELLS, MN 56097
SBA Loan Lender
WELLS FED. BANK A FED. SAVINGS
53 1ST ST SW
WELLS, MN 56097
This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
321911 - Wood Window and Door Manufacturing
Loan Approval Date
2/10/2006
Loan Approval Gross Amount
$200,000
Loan Approval from the SBA
Of the total $200,000 loan amount, the SBA guaranteed $150,000.
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 25 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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 Credit Cards
Best Banks in Wells, Minnesota
Minnesota SBA 7A Lenders