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May 2, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Eugene, Business Loans > Libertybank Eugene Business Loans > Sheet Metal Work Loan | ||||
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Raising Money in Springfield, Oregon With SBA Loans
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Getting an SBA Loan for Sheet Metal Work ManufacturingWith these business loans for sheet metal work manufacturing, the SBA guarantees the lender that the loan will be repaid. This sheet metal work manufacturing loan for $150,000 was given to an Oregon entrepreneur in 2001. This business knew how to go about getting a business bank loan. Based in Springfield, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Libertybank, based in Eugene, Oregon. SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK SBA Loan Lender LIBERTYBANK This lender issued this SBA bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3444 - Sheet Metal Work NAICS Code 332322 - Sheet Metal Work Manufacturing Loan Approval Date 3/12/2001 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. 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 30 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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:
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