Folding Paperboard Box Manufacturing Small Business Loans
With these small business loans for folding paperboard box manufacturing, the SBA guarantees the lender that the loan will be repaid. This folding paperboard box manufacturing loan for $150,000 was given to a Louisiana entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Harahan, Louisiana was able to borrow $150,000 from Gulf Coast Bank & Trust. The SBA made the loan possible by guaranteeing $127,500 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: FOLDING PAPERBOARD BOX MANUFACTURING
HARAHAN, LA 70123
SBA Loan Lender
GULF COAST BANK & TRUST
200 ST. CHARLES AVE
NEW ORLEANS, LA 70130
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
322212 - Folding Paperboard Box Manufacturing
Loan Approval Date
12/2/2005
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 15 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 17 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Gulf Coast Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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