Corrugated and Solid Fiber Box Manufacturing Loans
With these loans for corrugated and solid fiber box manufacturing, the SBA guarantees the lender that the loan will be repaid. This corrugated and solid fiber box manufacturing loan for $100,000 was given to a Texas entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Houston, Texas was able to borrow $100,000 from Wachovia Bank. The SBA made the loan possible by guaranteeing $50,000 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: CORRUGATED AND SOLID FIBER BOX MANUFACTURING
Houston, TX 77095
SBA Loan Lender
WACHOVIA BANK
301 S COLLEGE ST MAIN LOBBY
CHARLOTTE, NC 28202
This lender processed this 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
322211 - Corrugated and Solid Fiber Box Manufacturing
Loan Approval Date
11/10/2006
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 4 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a business in Houston TX, you ought to talk with a local Houston SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Houston businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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