Laminated Plastics Plate, Sheet, and Shape Manufacturing Small Business Loans
With these small business loans for laminated plastics plate, sheet, and shape manufacturing, the SBA guarantees the lender that the loan will be repaid. This laminated plastics plate, sheet, and shape manufacturing loan for $1,060,000 was given to a Pennsylvania entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Manheim, Pennsylvania was able to borrow $1,060,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $795,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: LAMINATED PLASTICS PLATE, SHEET, AND SHAPE MANUFACTURING
MANHEIM, PA 17543
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
326130 - Laminated Plastics Plate, Sheet, and Shape Manufacturing
Loan Approval Date
6/7/2001
Loan Approval Gross Amount
$1,060,000
Loan Approval from the SBA
Of the total $1,060,000 loan amount, the SBA guaranteed $795,000.
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 18 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 18 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Wachovia Sba Lending, Inc. had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Wachovia Sba Lending, Inc. made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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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