Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Tips for Entrepreneurs On Getting a Loan

 

 
Loan Census SBA Loan Info

Laminated Plastics Plate, Sheet, and Shape Manufacturing Loans

Looking for loans for laminated plastics plate, sheet, and shape manufacturing? Try the SBA. This $50,000 laminated plastics plate, sheet, and shape manufacturing loan was issued by an Ohio bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Fifth Third Bank, out of Cincinnati, Ohio. The loan was granted and they received $50,000 to help grow their Greenville, Ohio business.

SBA Loan Borrower

COMPANY TYPE: LAMINATED PLASTICS PLATE, SHEET, AND SHAPE MANUFACTURING
GREENVILLE, OH 45331

SBA Loan Lender

FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

326130 - Laminated Plastics Plate, Sheet, and Shape Manufacturing

Loan Approval Date

4/26/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 9 employees. The loan application did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Raising Venture Capital

Best Cincinnati, Ohio Banks for Small Business

Ohio SBA Bank Lenders