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December 20, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Atlanta, Business Loans > United Commercial Bank Atlanta Business Loans > Plastics Materials And Resins Loan | ||||
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Examples of Lilburn SBA Loans
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Plastics Material and Resin Manufacturing Small Business LoansLooking for small business loans for plastics material and resin manufacturing? The SBA may be the answer. This $815,000 plastics material and resin manufacturing loan was issued by a Georgia bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lilburn, Georgia was able to borrow $815,000 from United Commercial Bank. The SBA made the loan possible by guaranteeing $611,250 of this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: PLASTICS MATERIALS AND RESINS SBA Loan Lender UNITED COMMERCIAL BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 2821 - Plastics Materials and Resins NAICS Code 325211 - Plastics Material and Resin Manufacturing Loan Approval Date 4/19/2000 Loan Approval Gross Amount $815,000 Loan Approval from the SBA Of the total $815,000 loan amount, the SBA guaranteed $611,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 7 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from United Commercial Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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 Find an SBA Lender in Atlanta, Georgia
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