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December 23, 2024  
 
 
  Business Loan Information  
 

SBA Lender West Pittston Pennsylvania

 

 
Loan Census SBA Loan Info

Financing for Fabricated Metal Product Manufacturing

Looking for commercial loans for fabricated metal product manufacturing? Talk to a banker who works with the SBA. This $250,000 fabricated metal product manufacturing loan was issued by a New York bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Pittston, Pennsylvania was able to borrow $250,000 from Business Loan Center, LLC. The SBA made the loan possible by guaranteeing $125,000 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: FABRICATED METAL PRODUCT MANUFACTURING
WEST PITTSTON, PA 18643

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

332999 - Fabricated Metal Product Manufacturing

Loan Approval Date

12/9/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

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 11 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 15 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Understanding Dilution

SBA Banks in New York, New York

Getting an SBA Loan in New York