Raising Money for Sanitary Paper Product Manufacturing
With these business loans for sanitary paper product manufacturing, the SBA guarantees the lender that the loan will be repaid. This sanitary paper product manufacturing loan for $653,000 was given to an Arizona entrepreneur in 2002.
This business knew how to go about getting a business bank loan. Based in Phoenix, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Ge Cap. Small Business Finan Corp, based in St. Louis, Missouri.
SBA Loan Borrower
COMPANY TYPE: SANITARY PAPER PRODUCT MANUFACTURING
PHOENIX, AZ 85007
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
322291 - Sanitary Paper Product Manufacturing
Loan Approval Date
12/19/2002
Loan Approval Gross Amount
$653,000
Loan Approval from the SBA
Of the total $653,000 loan amount, the SBA guaranteed $482,749.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 170 employees. The loan application indicated that the loan would help generate 40 new jobs and retain 170 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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 $653,000 loan. Remember, you control your own destiny.
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:
Obtaining Funding - How to Decide How Much to Raise
SBA Participating Banks in St. Louis, Missouri
SBA Participating Banks in Missouri