Small Business Loans for Plate Work Manufacturing
With these small business loans for plate work manufacturing, the SBA guarantees the lender that the loan will be repaid. This plate work manufacturing loan for $1,800,000 was given to an Oklahoma entrepreneur in 2004.
Braden Shielding Systems, LLC received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Valley National Bank, out of Tulsa, Oklahoma. The loan was granted and they received $1,800,000 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
BRADEN SHIELDING SYSTEMS, LLC
9260 BROKEN ARROW EXPRESSWAY
TULSA, OK 74145
SBA Loan Lender
VALLEY NATIONAL BANK
4812 E 81ST ST
TULSA, OK 74137
This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 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.
NAICS Code
332313 - Plate Work Manufacturing
Loan Approval Date
12/21/2004
Loan Approval Gross Amount
$1,800,000
Loan Approval from the SBA
Of the total $1,800,000 loan amount, the SBA guaranteed $1,350,000.
More Information on This SBA Loan
The borrower, Braden Shielding Systems, LLC, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 40 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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 Valley National Bank 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 SBA loan database.
Related Links:
Getting a Small Business Loan
Best Tulsa, Oklahoma Banks for Small Business
SBA Lenders in Oklahoma
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