Unsupported Plastics Profile Shapes Manufacturing Business Loans
With these business loans for unsupported plastics profile shapes manufacturing, the SBA guarantees the lender that the loan will be repaid. This unsupported plastics profile shapes manufacturing loan for $605,500 was given to a California entrepreneur in 2003.
This small business knew how to go about getting a business bank loan. Based in Los Angeles, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was U.S. Bank National Association, based in Cincinnati, Ohio.
SBA Loan Borrower
COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES MANUFACTURING
LOS ANGELES, CA 91605
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
326121 - Unsupported Plastics Profile Shapes Manufacturing
Loan Approval Date
12/9/2003
Loan Approval Gross Amount
$605,500
Loan Approval from the SBA
Of the total $605,500 loan amount, the SBA guaranteed $454,125.
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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $605,500. How would you spend $605,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
Accountant's Role in Securing Financing
Where to Get an SBA Loan in Cincinnati, Ohio
Getting a Business Loan in Ohio