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May 12, 2024 |
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| Home > Small Business Lenders by State > South Dakota Business Loan Sources > Alcester, Business Loans > State Bank Of Alcester Alcester Business Loans > Sheet Metal Work Manufacturing Loan | ||||
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Getting an SBA Loan in Lennox, South Dakota
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South Dakota SBA Loan Issued to Sheet Metal Work Manufacturing CompanyLooking to get a South Dakota SBA loan? This South Dakota entrepreneur got an SBA loan, provided by a South Dakota bank that works with the SBA to help small business owners. You can learn something about getting a small business loan in Lennox, South Dakota by studying this loan to a local business, made back in 2006. Banks like State Bank Of Alcester may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK MANUFACTURING SBA Loan Lender STATE BANK OF ALCESTER The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 332322 - Sheet Metal Work Manufacturing Loan Approval Date 6/14/2006 Loan Approval Gross Amount $330,000 Loan Approval from the SBA Of the total $330,000 loan amount, the SBA guaranteed $247,500. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $330,000 loan. Remember, if it to be, it is up to me! 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 Approved Banks in Alcester, South Dakota
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