Evans National Bank SBA Loan to Unsupported Plastics Packaging Film And Sheet Manufacturing Company
Evans National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a New York entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Buffalo, New York was an essential business goal for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Evans National Bank, operating out of Derby, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: UNSUPPORTED PLASTICS PACKAGING FILM AND SHEET MANUFACTURING
BUFFALO, NY 14210
SBA Loan Lender
EVANS NATIONAL BANK
6834 ERIE RD
DERBY, NY 14047
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
326112 - Unsupported Plastics Packaging Film and Sheet Manufacturing
Loan Approval Date
8/28/2001
Loan Approval Gross Amount
$288,000
Loan Approval from the SBA
Of the total $288,000 loan amount, the SBA guaranteed $216,000.
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 33 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 33 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $288,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Startup Funding Tip
SBA Participating Banks in Derby, New York
SBA New York Banks