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May 18, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Sayre, Business Loans > Visions Fcu Sayre Business Loans > Sheet Metal Work Manufacturing Loan | ||||
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Examples of Big Flats SBA Loans
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Sheet Metal Work Manufacturing Small Business LoansLooking for small business loans for sheet metal work manufacturing? Talk to a banker who works with the SBA. This $92,000 sheet metal work manufacturing loan was issued by a Pennsylvania bank. This small firm knew how to go about getting a business bank loan. Based in Big Flats, New York, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Visions Fcu, based in Sayre, Pennsylvania. SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK MANUFACTURING SBA Loan Lender VISIONS FCU This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332322 - Sheet Metal Work Manufacturing Loan Approval Date 3/30/2005 Loan Approval Gross Amount $92,000 Loan Approval from the SBA Of the total $92,000 loan amount, the SBA guaranteed $78,200. 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 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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 Sayre, Pennsylvania
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