How to Get a Loan for Plastics Materials and Basic Forms and Shapes Wholesalers
Looking for business loans for plastics materials and basic forms and shapes wholesalers? The SBA may be the answer. This $291,000 plastics materials and basic forms and shapes wholesalers loan was issued by a Georgia bank.
Getting a small business loan in Kennesaw, Georgia was important for this small business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Bank Of North Georgia, operating out of Marietta, Georgia. Here are the details on this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: PLASTICS MATERIALS AND BASIC FORMS AND SHAPES
KENNESAW, GA 30144
SBA Loan Lender
BANK OF NORTH GEORGIA
1200 JOHNSON FERRY RD
MARIETTA, GA 30068
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5162 - Plastics Materials and Basic Forms and Shapes
NAICS Code
422610 - Plastics Materials and Basic Forms and Shapes Wholesalers
Loan Approval Date
6/8/2000
Loan Approval Gross Amount
$291,000
Loan Approval from the SBA
Of the total $291,000 loan amount, the SBA guaranteed $218,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 9 employees. The loan application indicated that the loan would help retain 9 existing jobs.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $291,000 loan. Remember, anyone can do it... so why not you?
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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