Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Huntsville, Alabama Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Scientific and Technical Consulting Services

Looking for small business loans for scientific and technical consulting services? Try the SBA. This $100,000 scientific and technical consulting services loan was issued by an Alabama bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Redstone Fcu, out of Huntsville, Alabama. The loan was granted and they received $100,000 to help grow their Huntsville, Alabama business.

SBA Loan Borrower

COMPANY TYPE: SCIENTIFIC AND TECHNICAL CONSULTING SERVICES
HUNTSVILLE, AL 35824

SBA Loan Lender

REDSTONE FCU
220 WYNN DR
HUNTSVILLE, AL 35893

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541690 - Scientific and Technical Consulting Services

Loan Approval Date

11/15/2006

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Redstone Fcu 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.

Related Links:

Obtaining Funding - How to Decide How Much to Raise

Small Bank Loans in Huntsville, Alabama

Alabama SBA 7A Lenders