Financing for Unsupported Plastics Film and Sheet Manufacturing

With these loans for unsupported plastics film and sheet manufacturing, the SBA guarantees the lender that the loan will be repaid. This unsupported plastics film and sheet manufacturing loan for $644,800 was given to a Mississippi entrepreneur in 2002.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Clinton, Mississippi was able to borrow $644,800 from Temecula Valley Bank. The SBA made the loan possible by guaranteeing $483,600 of this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: UNSUPPORTED PLASTICS FILM AND SHEET
CLINTON, MS 39056

SBA Loan Lender

TEMECULA VALLEY BANK
27710 JEFFERSON AVE, A-100
TEMECULA, CA 92590

This small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3081 - Unsupported Plastics Film and Sheet

NAICS Code

326113 - Unsupported Plastics Film and Sheet Manufacturing

Loan Approval Date

9/24/2002

Loan Approval Gross Amount

$644,800

Loan Approval from the SBA

Of the total $644,800 loan amount, the SBA guaranteed $483,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 51 employees. This SBA loan request did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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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