Financing for Laminated Plastics Plate, Sheet, and Shape Manufacturing

With these commercial loans for laminated plastics plate, sheet, and shape manufacturing, the SBA guarantees the lender that the loan will be repaid. This laminated plastics plate, sheet, and shape manufacturing loan for $350,000 was given to an Ohio entrepreneur in 2007.

This business knew how to go about getting a business bank loan. Based in Ada, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Cit. National Bank - Bluffton, based in Bluffton, Ohio.

SBA Loan Borrower

COMPANY TYPE: LAMINATED PLASTICS PLATE, SHEET, AND SHAPE MANUFACTURING
ADA, OH 45810

SBA Loan Lender

CIT. NATIONAL BANK - BLUFFTON
102 S MAIN ST
BLUFFTON, OH 45817

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

326130 - Laminated Plastics Plate, Sheet, and Shape Manufacturing

Loan Approval Date

10/12/2007

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $175,000.

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 50 employees. The SBA loan documents indicated that the loan would help retain 50 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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