SBA Loan from Wilmington Trust Company Helps Roofing, Siding, And Sheet Metal Contractors Company
Wilmington Trust Company has a track record as a leading provider of SBA loans. Find out how this Delaware entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Wilmington Trust Company, out of Wilmington, Delaware. The loan was granted and they received $25,000 to help grow their Wilmington, Delaware business.
SBA Loan Borrower
COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS
WILMINGTON, DE 19808
SBA Loan Lender
WILMINGTON TRUST COMPANY
1100 N MARKET ST, RODNEY SQ N
WILMINGTON, DE 19890
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
235610 - Roofing, Siding, and Sheet Metal Contractors
Loan Approval Date
2/7/2001
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, fight for what you want, and it will be yours!
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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