SBA Loans for Iron and Steel Mills and Ferroalloy Manufacturing in Alabama: Top Lenders
NAICS 331NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses in Alabama. Based on historical SBA 7(a) lending data.
Total Approvals
1
in Alabama
Median Loan Size
$2,200,000
per approval
Recent Activity
0
last 90 days through Oct 2019
NAICS 331 covers iron and steel mills and ferroalloy manufacturing businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $2,200,000.
Key trends & insights
- Iron and Steel Mills and Ferroalloy Manufacturing in Alabama loans run larger than the SBA average — a $2,200,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2019-10-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Iron and Steel Mills and Ferroalloy Manufacturing in Alabama
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $2,200,000 |
Recent SBA 7(a) approvals for Iron and Steel Mills and Ferroalloy Manufacturing in Alabama
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2019-10 | BizCapital BIDCO I, LLC | Gro*****LLC | Ashville, AL | $2,200,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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