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March 28, 2024  
 
 
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Loan Census SBA Loan Info

How to Get a Loan for Custom Architectural Woodwork and Millwork Manufacturing

Looking for business loans for custom architectural woodwork and millwork manufacturing? The SBA may be the answer. This $60,000 custom architectural woodwork and millwork manufacturing loan was issued by an Alabama bank.

Getting a small business loan in Florence, Alabama was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Southern Bank, operating out of Florence, Alabama. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: WOOD PARTITIONS AND FIXTURES
FLORENCE, AL 35633

SBA Loan Lender

FIRST SOUTHERN BANK
102 S COURT ST
FLORENCE, AL 35630

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2541 - Wood Partitions and Fixtures

NAICS Code

337212 - Custom Architectural Woodwork and Millwork Manufacturing

Loan Approval Date

9/28/2001

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $51,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 First Southern 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:

Obtaining Funding - Friends and Family

SBA Participating Banks in Florence, Alabama

SBA Alabama Banks