Business Loans for Corrugated and Solid Fiber Box Manufacturing

With these business loans for corrugated and solid fiber box manufacturing, the SBA guarantees the lender that the loan will be repaid. This corrugated and solid fiber box manufacturing loan for $256,000 was given to an Ohio entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Milan, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Citizens Banking Company, based in Sandusky, Ohio.

SBA Loan Borrower

COMPANY TYPE: CORRUGATED AND SOLID FIBER BOX MANUFACTURING
MILAN, OH 44846

SBA Loan Lender

THE CITIZENS BANKING COMPANY
100 E WATER ST
SANDUSKY, OH 44870

This SBA bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

322211 - Corrugated and Solid Fiber Box Manufacturing

Loan Approval Date

10/18/2007

Loan Approval Gross Amount

$256,000

Loan Approval from the SBA

Of the total $256,000 loan amount, the SBA guaranteed $128,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Citizens Banking Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for 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.

Related Links:

Getting a Small Business Loan

SBA 7A Banks for Sandusky, Ohio Loans

Ohio SBA Bank Lenders