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April 24, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Wood Window And Door Manufacturing Loan | ||||
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Getting a Business Loan in Theodore, Alabama
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Theodore, Alabama Entrepreneur Gets a Bank LoanSBA loans in Alabama are tough to come by these days. We take a look at one Alabama SBA loan, provided by a New Jersey bank, that was approved by the SBA. Getting a small business loan in Theodore, Alabama was a top priority for this particular business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp. Here are the details on this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321911 - Wood Window and Door Manufacturing Loan Approval Date 11/30/2001 Loan Approval Gross Amount $825,000 Loan Approval from the SBA Of the total $825,000 loan amount, the SBA guaranteed $618,750. 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 14 employees. The SBA loan documents indicated that the loan would help retain 14 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Cit Small Business Lending Corp and they will explain how you can get an SBA loan for your company. 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: Obtaining Funding - How to Decide How Much to Raise SBA 7A Lenders in Livingston, New Jersey Getting a Business Loan in New Jersey
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