Raising Money for Coated and Laminated Packaging Paper Manufacturing
Looking for bank loans for coated and laminated packaging paper manufacturing? Try the SBA. This $150,000 coated and laminated packaging paper manufacturing loan was issued by a Pennsylvania bank.
This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Univest National Bank & Trust., out of Souderton, Pennsylvania. The loan was granted and they received $150,000 to help grow their Harleysville, Pennsylvania business.
SBA Loan Borrower
COMPANY TYPE: COATED AND LAMINATED PACKAGING PAPER MANUFACTURING
HARLEYSVILLE, PA 19438
SBA Loan Lender
UNIVEST NATIONAL BANK & TRUST.
10 W BROAD ST
SOUDERTON, PA 18964
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
322221 - Coated and Laminated Packaging Paper Manufacturing
Loan Approval Date
5/12/2006
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
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 21 employees. This SBA loan request indicated that the loan would help retain 21 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
We can help you find the best banks for small businesses in Harleysville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Determining Proper Capital Structure for a Business
Good Banks for Small Business in Souderton, Pennsylvania
Getting an SBA Loan in Pennsylvania