How to Get a Loan for Wood Window and Door Manufacturing

With these commercial loans for wood window and door manufacturing, the SBA guarantees the lender that the loan will be repaid. This wood window and door manufacturing loan for $320,000 was given to a Kansas entrepreneur in 2003.

Getting a small business loan in Wichita, Kansas was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from First Bank, operating out of Sterling, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: MILLWORK
WICHITA, KS 67214

SBA Loan Lender

FIRST BANK
128 S BROADWAY
STERLING, KS 67579

This lender issued this SBA small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2431 - Millwork

NAICS Code

321911 - Wood Window and Door Manufacturing

Loan Approval Date

7/31/2003

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

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 10 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source

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 $320,000 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 Art of Bootstrapping

Small Business Banks in Sterling, Kansas

Kansas SBA Bank Lenders