Financing for Unsupported Plastics Packaging Film and Sheet Manufacturing

Looking for commercial loans for unsupported plastics packaging film and sheet manufacturing? Talk to a banker who works with the SBA. This $126,000 unsupported plastics packaging film and sheet manufacturing loan was issued by a New York bank.

Getting a small business loan in Buffalo, New York was important for this business back in 2002 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 issued this SBA business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

6/25/2002

Loan Approval Gross Amount

$126,000

Loan Approval from the SBA

Of the total $126,000 loan amount, the SBA guaranteed $107,100.

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 39 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

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

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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Alternative Financing

SBA Participating Banks in Derby, New York

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