Small Business Loans for Plastics Product Manufacturing

Looking for small business loans for plastics product manufacturing? Try the SBA. This $15,200 plastics product manufacturing loan was issued by a Kansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Community National Bank, out of Chanute, Kansas. The loan was granted and they received $15,200 to help grow their Humboldt, Kansas business.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCTS
HUMBOLDT, KS 66748

SBA Loan Lender

COMMUNITY NATIONAL BANK
14 N LINCOLN
CHANUTE, KS 66720

This was a Low Documentation SBA loan. The SBA created this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3089 - Plastics Products

NAICS Code

326199 - Plastics Product Manufacturing

Loan Approval Date

1/9/2002

Loan Approval Gross Amount

$15,200

Loan Approval from the SBA

Of the total $15,200 loan amount, the SBA guaranteed $12,920.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $15,200 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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