Commercial Loans for Coated and Laminated Packaging Paper Manufacturing

With these commercial loans for coated and laminated packaging paper manufacturing, the SBA guarantees the lender that the loan will be repaid. This coated and laminated packaging paper manufacturing loan for $100,000 was given to a North Carolina entrepreneur in 2005.

This small business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Bank Of Stanly, out of Albemarle, North Carolina. The loan was granted and they received $100,000 to help grow their Oakboro, North Carolina business.

SBA Loan Borrower

COMPANY TYPE: COATED AND LAMINATED PACKAGING PAPER MANUFACTURING
OAKBORO, NC 28129

SBA Loan Lender

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

This debt financing 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

322221 - Coated and Laminated Packaging Paper Manufacturing

Loan Approval Date

7/25/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.

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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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:

Bank Credit Lines

SBA Banks in Albemarle, North Carolina

North Carolina SBA 7A Lenders