Die-Cut Paper and Paperboard Office Supplies Manufacturing Commercial Loans

Looking for commercial loans for die-cut paper and paperboard office supplies manufacturing? Talk to a banker who works with the SBA. This $1,368,000 die-cut paper and paperboard office supplies manufacturing loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Cathay Bank, out of Los Angeles, California. The loan was granted and they received $1,368,000 to help grow their Irwindale, California business.

SBA Loan Borrower

COMPANY TYPE: DIE-CUT PAPER AND PAPERBOARD OFFICE SUPPLIES MANUFACTURING
IRWINDALE, CA 91706

SBA Loan Lender

CATHAY BANK
777 N BROADWAY
LOS ANGELES, CA 90012

This lender issued this SBA business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 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

322231 - Die-Cut Paper and Paperboard Office Supplies Manufacturing

Loan Approval Date

2/11/2002

Loan Approval Gross Amount

$1,368,000

Loan Approval from the SBA

Of the total $1,368,000 loan amount, the SBA guaranteed $999,994.

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 7 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Irwindale CA, you ought to talk with a local Irwindale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Irwindale businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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