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May 5, 2024 |
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| Home > Small Business Lenders by State > Missouri Business Loan Sources > Laredo, Business Loans > Commerce Bank Laredo Business Loans > Fabricated Wire Product Manufacturing Loan | ||||
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Kirkwood, Missouri Bank Loan
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Raising Money for Fabricated Wire Product ManufacturingLooking for business loans for fabricated wire product manufacturing? Try the SBA. This $25,000 fabricated wire product manufacturing loan was issued by a Texas bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Commerce Bank, out of Laredo, Texas. The loan was granted and they received $25,000 to help grow their Kirkwood, Missouri business. SBA Loan Borrower COMPANY TYPE: FABRICATED WIRE PRODUCT MANUFACTURING SBA Loan Lender COMMERCE BANK The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 332618 - Fabricated Wire Product Manufacturing Loan Approval Date 6/24/2004 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 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Commerce Bank and they will explain how you can get an SBA loan for your company. 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: SBA Participating Banks in Laredo, Texas
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