Loans for Wood Window and Door Manufacturing
With these 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 $250,000 was given to an Utah entrepreneur in 2008.
This company knew how to go about getting a business bank loan. Based in Woods Cross, Utah, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Bank Of American Fork, based in American Fork, Utah.
SBA Loan Borrower
COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
WOODS CROSS, UT 84087
SBA Loan Lender
BANK OF AMERICAN FORK
33 E MAIN
AMERICAN FORK, UT 84003
This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
321911 - Wood Window and Door Manufacturing
Loan Approval Date
2/26/2008
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. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 24 employees. The loan application indicated that the loan would help retain 24 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of American Fork that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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