Where to Get Capital for Special Die and Tool, Die Set, Jig, and Fixture Manufacturing
Looking for SBA loans for special die and tool, die set, jig, and fixture manufacturing? Talk to a banker who works with the SBA. This $1,043,975 special die and tool, die set, jig, and fixture manufacturing loan was issued by an Utah bank.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of The West, out of Salt Lake City, Utah. The loan was granted and they received $1,043,975 to help grow their North Branch, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: MACHINE TOOLS, METAL CUTTING TYPES
NORTH BRANCH, MN 55056
SBA Loan Lender
BANK OF THE WEST
142 EAST 200 SOUTH
SALT LAKE CITY, UT 84111
This lender issued this loan for a small business under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3541 - Machine Tools, Metal Cutting Types
NAICS Code
333514 - Special Die and Tool, Die Set, Jig, and Fixture Manufacturing
Loan Approval Date
1/5/2001
Loan Approval Gross Amount
$1,043,975
Loan Approval from the SBA
Of the total $1,043,975 loan amount, the SBA guaranteed $741,222.
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 50 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Debt Financing
SBA Banks in Salt Lake City, Utah
Getting a Business Loan in Utah