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April 16, 2024 |
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| Home > Small Business Lenders by State > Alabama Business Loan Sources > Thomasville, Business Loans > First United Security Bank Thomasville Business Loans > Sawmills Loan | ||||
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SBA Lenders for Thomasville Small Business Owners
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How to Get a Loan for SawmillsLooking for SBA loans for sawmills? The SBA may be the answer. This $1,411,111 sawmills loan was issued by an Alabama bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Thomasville, Alabama was able to borrow $1,411,111 from First United Security Bank. The SBA made the loan possible by guaranteeing $1,270,000 of this Alabama small business loan. SBA Loan Borrower COMPANY TYPE: SAWMILLS SBA Loan Lender FIRST UNITED SECURITY BANK 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 entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 321113 - Sawmills Loan Approval Date 6/30/2004 Loan Approval Gross Amount $1,411,111 Loan Approval from the SBA Of the total $1,411,111 loan amount, the SBA guaranteed $1,270,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 68 employees. The loan application did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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: Advice on Getting a Small Business Loan Small Business Banks in Thomasville, Alabama
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