How to Get a Loan for Unsupported Plastics Packaging Film and Sheet Manufacturing

With these SBA loans for unsupported plastics packaging film and sheet manufacturing, the SBA guarantees the lender that the loan will be repaid. This unsupported plastics packaging film and sheet manufacturing loan for $350,000 was given to a North Carolina entrepreneur in 2005.

Getting a small business loan in Mt. Gilead, North Carolina was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Stanly, operating out of Albemarle, North Carolina. Here are the details on this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: UNSUPPORTED PLASTICS PACKAGING FILM AND SHEET MANUFACTURING
MT. GILEAD, NC 27306

SBA Loan Lender

BANK OF STANLY
167 N 2ND ST
ALBEMARLE, NC 28001

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

326112 - Unsupported Plastics Packaging Film and Sheet Manufacturing

Loan Approval Date

7/13/2005

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 3 employees. The SBA loan documents did not indicate that the company promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of Stanly 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:

Attracting Investors

SBA Approved Banks in Albemarle, North Carolina

SBA Lenders in North Carolina