Hardwood Veneer and Plywood Manufacturing Loans

Looking for loans for hardwood veneer and plywood manufacturing? The SBA may be the answer. This $320,000 hardwood veneer and plywood manufacturing loan was issued by an Indiana bank.

This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Ossian State Bank, out of Ossian, Indiana. The loan was granted and they received $320,000 to help grow their Muncie, Indiana business.

SBA Loan Borrower

COMPANY TYPE: HARDWOOD VENEER AND PLYWOOD
MUNCIE, IN 47305

SBA Loan Lender

OSSIAN STATE BANK
102 N JEFFERSON ST
OSSIAN, IN 46777

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

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2435 - Hardwood Veneer and Plywood

NAICS Code

321211 - Hardwood Veneer and Plywood Manufacturing

Loan Approval Date

11/29/2004

Loan Approval Gross Amount

$320,000

Loan Approval from the SBA

Of the total $320,000 loan amount, the SBA guaranteed $240,000.

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 32 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Muncie IN, you ought to talk with a local Muncie SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Muncie businesses.

We've showcased information on this loan to let you know that businesses like yours 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:

Business Incubators

SBA Participating Banks in Ossian, Indiana

Getting an SBA Loan in Indiana