Business Loans for Plastics Bottle Manufacturing

With these business loans for plastics bottle manufacturing, the SBA guarantees the lender that the loan will be repaid. This plastics bottle manufacturing loan for $1,000,000 was given to a Texas entrepreneur in 2000.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Schulenburg, Texas was able to borrow $1,000,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $750,000 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: PLASTICS BOTTLES
SCHULENBURG, TX 78956

SBA Loan Lender

WELLS FARGO BANK
912 S HWY 183
AUSTIN, TX 78741

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3085 - Plastics Bottles

NAICS Code

326160 - Plastics Bottle Manufacturing

Loan Approval Date

9/29/2000

Loan Approval Gross Amount

$1,000,000

Loan Approval from the SBA

Of the total $1,000,000 loan amount, the SBA guaranteed $750,000.

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 53 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 53 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

We can help you find the best banks for small businesses in Schulenburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 Cash Advances

SBA Participating Banks in Austin, Texas

Texas SBA Banks