Where to Get Capital for Wood Container and Pallet Manufacturing
Looking for SBA loans for wood container and pallet manufacturing? Try the SBA. This $1,175,000 wood container and pallet manufacturing loan was issued by a Pennsylvania bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Baltimore Highlands, Maryland was able to borrow $1,175,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $881,250 of this Maryland small business loan.
SBA Loan Borrower
COMPANY TYPE: WOOD CONTAINER AND PALLET MANUFACTURING
BALTIMORE HIGHLANDS, MD 21230
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
321920 - Wood Container and Pallet Manufacturing
Loan Approval Date
5/8/2002
Loan Approval Gross Amount
$1,175,000
Loan Approval from the SBA
Of the total $1,175,000 loan amount, the SBA guaranteed $881,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 25 employees. This SBA loan request indicated that the loan would help retain 25 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Baltimore Highlands or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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