Plastics Product Manufacturing Small Business Loans

With these small business loans for plastics product manufacturing, the SBA guarantees the lender that the loan will be repaid. This plastics product manufacturing loan for $5,000 was given to a New Hampshire entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in Milford (census Name For Milfo, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Rbs Citizens, based in Norwood, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: PLASTICS PRODUCT MANUFACTURING
MILFORD (CENSUS NAME FOR MILFO, NH 03055

SBA Loan Lender

RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

326199 - Plastics Product Manufacturing

Loan Approval Date

2/1/2002

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $2,500.

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. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Milford (census Name For Milfo NH, you ought to talk with a local Milford (census Name For Milfo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Milford (census Name For Milfo businesses.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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SBA Participating Banks in Norwood, Massachusetts

Where to Get an SBA Loan Massachusetts