Where to Get Capital for Glass Product Manufacturing Made of Purchased Glass

Looking for small business loans for glass product manufacturing made of purchased glass? An SBA loan may be just what you've been looking for. This $250,000 glass product manufacturing made of purchased glass loan was issued by an Alabama bank.

Getting a small business loan in Hazel Green, Alabama was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Superior Bank, operating out of Blountsville, Alabama. Here are the details on this Alabama small business loan.

SBA Loan Borrower

COMPANY TYPE: GLASS PRODUCTS, MADE OF PURCHASED GLASS
HAZEL GREEN, AL 35750

SBA Loan Lender

SUPERIOR BANK
69156 MAIN ST
BLOUNTSVILLE, AL 35031

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3231 - Glass Products, Made of Purchased Glass

NAICS Code

327215 - Glass Product Manufacturing Made of Purchased Glass

Loan Approval Date

3/17/2004

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Small Business Loan

Small Bank Loans in Blountsville, Alabama

SBA Alabama Banks