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November 15, 2024  
 
 
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Loan Census SBA Loan Info

SBA Loans for Unsupported Plastics Profile Shapes Manufacturing

Looking for SBA loans for unsupported plastics profile shapes manufacturing? Talk to a banker who works with the SBA. This $170,000 unsupported plastics profile shapes manufacturing loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Ohio was able to borrow $170,000 from National City Bank. The SBA made the loan possible by guaranteeing $127,500 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: LAMINATED PLASTICS PLATE, SHEET, AND PROFILE SHAPE
COLUMBUS, OH 43213

SBA Loan Lender

NATIONAL CITY BANK
155 E BROAD ST
COLUMBUS, OH 43215

This 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

3083 - Laminated Plastics Plate, Sheet, and Profile Shape

NAICS Code

326121 - Unsupported Plastics Profile Shapes Manufacturing

Loan Approval Date

6/25/2001

Loan Approval Gross Amount

$170,000

Loan Approval from the SBA

Of the total $170,000 loan amount, the SBA guaranteed $127,500.

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 30 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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.

Related Links:

Bank Credit Lines

Where to Get an SBA Loan in Columbus, Ohio

Getting an SBA Loan in Ohio