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May 12, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Providence, Business Loans > Bank Of America Providence Business Loans > Sheet Metal Work Loan | ||||
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How to Get SBA Loans in Rochester, New York
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Getting an SBA Loan for Sheet Metal Work ManufacturingLooking for business loans for sheet metal work manufacturing? Try the SBA. This $68,800 sheet metal work manufacturing loan was issued by a Rhode Island bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rochester, New York was able to borrow $68,800 from Bank Of America. The SBA made the loan possible by guaranteeing $34,400 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: SHEET METAL WORK SBA Loan Lender BANK OF AMERICA This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. SIC Code 3444 - Sheet Metal Work NAICS Code 332322 - Sheet Metal Work Manufacturing Loan Approval Date 8/18/2000 Loan Approval Gross Amount $68,800 Loan Approval from the SBA Of the total $68,800 loan amount, the SBA guaranteed $34,400. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. We've showcased information on this loan to let you know that businesses like yours 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: Banks in Providence, Rhode Island
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