Folding Paperboard Box Manufacturing Loans
Looking for loans for folding paperboard box manufacturing? An SBA loan may be just what you've been looking for. This $150,000 folding paperboard box manufacturing loan was issued by a Louisiana bank.
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
This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
322212 - Folding Paperboard Box Manufacturing
Loan Approval Date
8/20/2007
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. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Gulf Coast Bank & Trust and they will explain how you can get an SBA loan for your company.
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:
Small Business Loan
Small Business Banks in New Orleans, Louisiana
Getting an SBA Loan in Louisiana