Loan Census Banking News and Information
December 19, 2024  
 
 
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Banks Doing SBA Loans in Louisiana

 

 
Loan Census SBA Loan Info

Monroe, Louisiana Bank Lends Money to Plastics Material And Resin Manufacturing Company in Monroe, Louisiana

Get SBA loans from a Monroe, Louisiana bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Ecd Investments Bidco Corp is a Monroe, Louisiana small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Louisiana company.

SBA Loan Borrower

COMPANY TYPE: PLASTICS MATERIAL AND RESIN MANUFACTURING
MONROE, LA 71201

SBA Loan Lender

ECD INVESTMENTS BIDCO CORP
909 NORTH 18TH ST, STE 223
MONROE, LA 71201

This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325211 - Plastics Material and Resin Manufacturing

Loan Approval Date

1/11/2006

Loan Approval Gross Amount

$442,435

Loan Approval from the SBA

Of the total $442,435 loan amount, the SBA guaranteed $331,826.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 20 employees. The SBA loan documents did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $442,435 loan. Remember, if it to be, it is up to me!

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:

SBIR Funding

SBA Participating Banks in Monroe, Louisiana

Louisiana SBA Bank Lenders