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December 18, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Truckee, Business Loans > Bank Of The West Truckee Business Loans > Converted Paper Product Manufacturing Loan | ||||
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Aurora, Colorado Bank for SBA Loans
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Getting an SBA Loan for Converted Paper Product ManufacturingLooking for SBA loans for converted paper product manufacturing? Try the SBA. This $1,997,500 converted paper product manufacturing loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Aurora, Colorado was able to borrow $1,997,500 from Bank Of The West. The SBA made the loan possible by guaranteeing $1,498,125 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: CONVERTED PAPER PRODUCT MANUFACTURING SBA Loan Lender BANK OF THE WEST As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 322299 - Converted Paper Product Manufacturing Loan Approval Date 10/23/2006 Loan Approval Gross Amount $1,997,500 Loan Approval from the SBA Of the total $1,997,500 loan amount, the SBA guaranteed $1,498,125. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The SBA loan documents indicated that the loan would help generate 10 new jobs and retain 11 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of The West that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Small Bank Loans in Truckee, California Find an SBA Lender in California
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