Get an SBA Loan for Concrete Block and Brick Manufacturing
Looking for bank loans for concrete block and brick manufacturing? Talk to a banker who works with the SBA. This $30,000 concrete block and brick manufacturing loan was issued by a New York bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Williamsport, Pennsylvania was able to borrow $30,000 from Manufacturers & Traders Trust. The SBA made the loan possible by guaranteeing $24,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: CONCRETE BLOCK AND BRICK
WILLIAMSPORT, PA 17701
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
4925 MAIN ST
AMHERST, NY 14226
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3271 - Concrete Block and Brick
NAICS Code
327331 - Concrete Block and Brick Manufacturing
Loan Approval Date
1/14/2000
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $24,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Manufacturers & Traders Trust so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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