 |
 |
April 19, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Pennsylvania Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Iron And Steel Pipe And Tube Manufacturing From Purchased Steel Loan | ||||
 |
||||
San Francisco, California SBA 7A Banks
|
||||
 |
San Francisco, California Lender Lends Money to Iron And Steel Pipe And Tube Manufacturing From Purchased Steel CompanyGet to know San Francisco, California banks that specialize in business loans and know how to work with entrepreneurs. Bank Of The West is one such bank, as evidenced by this SBA loan to a growing company. Finding a small business loan in Nazareth, Pennsylvania starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Bank Of The West. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed. SBA Loan Borrower COMPANY TYPE: IRON AND STEEL PIPE AND TUBE MANUFACTURING FROM PURCHASED STEEL SBA Loan Lender BANK OF THE WEST The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 331210 - Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Loan Approval Date 12/28/2001 Loan Approval Gross Amount $675,000 Loan Approval from the SBA Of the total $675,000 loan amount, the SBA guaranteed $506,250. 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 66 employees. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. While you may be able to find business people willing to loan money, 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: Best San Francisco, California Banks for Small Business
|
|
||
|
||||
|
|
||||