Converted Paper Product Manufacturing Business Loans

With these business loans for converted paper product manufacturing, the SBA guarantees the lender that the loan will be repaid. This converted paper product manufacturing loan for $150,000 was given to a Florida entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Miami, Florida was able to borrow $150,000 from Eagle National Bank Of Miami. The SBA made the loan possible by guaranteeing $112,500 of this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: PRINTING AND WRITING PAPER
MIAMI, FL 33155

SBA Loan Lender

EAGLE NATIONAL BANK OF MIAMI
8200 NW 33RD ST, STE 400
MIAMI, FL 33122

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

SIC Code

5111 - Printing and Writing Paper

NAICS Code

322299 - Converted Paper Product Manufacturing

Loan Approval Date

12/19/2000

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $112,500.

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 2 employees. The SBA loan documents did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Eagle National Bank Of Miami 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.

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