Small Business Loans for Coated and Laminated Packaging Paper Manufacturing

Looking for small business loans for coated and laminated packaging paper manufacturing? Try the SBA. This $2,000,000 coated and laminated packaging paper manufacturing loan was issued by an Illinois bank.

Getting a small business loan in Elmhurs, Illinois was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Leaders Bank, operating out of Oak Brook, Illinois. Here are the details on this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: COATED AND LAMINATED PACKAGING PAPER MANUFACTURING
ELMHURS, IL 60126

SBA Loan Lender

THE LEADERS BANK
2001 YORK RD, STE 150
OAK BROOK, IL 60523

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide small business loans to to our country's hard-working small business owners.

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

7/21/2005

Loan Approval Gross Amount

$2,000,000

Loan Approval from the SBA

Of the total $2,000,000 loan amount, the SBA guaranteed $1,500,000.

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 55 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into The Leaders Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Advice on Getting a Small Business Loan

SBA Banks in Oak Brook, Illinois

Getting a Business Loan in Illinois