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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Defiance, Business Loans > First Fed. Bank - Midwest Defiance Business Loans > Coated And Laminated Packaging Paper Manufacturing Loan | ||||
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Raising Money in Dunbridge, Ohio With SBA Loans
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How to Get a Loan for Coated and Laminated Packaging Paper ManufacturingWith these SBA loans for coated and laminated packaging paper manufacturing, the SBA guarantees the lender that the loan will be repaid. This coated and laminated packaging paper manufacturing loan for $1,800,000 was given to an Ohio entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dunbridge, Ohio was able to borrow $1,800,000 from First Fed. Bank - Midwest. The SBA made the loan possible by guaranteeing $1,350,000 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: COATED AND LAMINATED PACKAGING PAPER MANUFACTURING SBA Loan Lender FIRST FED. BANK - MIDWEST SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 322221 - Coated and Laminated Packaging Paper Manufacturing Loan Approval Date 6/13/2007 Loan Approval Gross Amount $1,800,000 Loan Approval from the SBA Of the total $1,800,000 loan amount, the SBA guaranteed $1,350,000. 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 19 employees. The loan application indicated that the loan would help retain 19 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. 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 $1,800,000 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: Good Banks for Small Business in Defiance, Ohio
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