Setup Paperboard Box Manufacturing Loans

Looking for loans for setup paperboard box manufacturing? Try the SBA. This $650,000 setup paperboard box manufacturing loan was issued by a bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Toa Alta, was able to borrow $650,000 from Banco Bilbao Vizcaya Argentari. The SBA made the loan possible by guaranteeing $487,500 of this small business loan.

SBA Loan Borrower

COMPANY TYPE: SETUP PAPERBOARD BOXES
TOA ALTA, PR 00953

SBA Loan Lender

BANCO BILBAO VIZCAYA ARGENTARI
254 MUNOZ RIVERA AVE
SAN JUAN, PR 00936

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2652 - Setup Paperboard Boxes

NAICS Code

322213 - Setup Paperboard Box Manufacturing

Loan Approval Date

1/4/2000

Loan Approval Gross Amount

$650,000

Loan Approval from the SBA

Of the total $650,000 loan amount, the SBA guaranteed $487,500.

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 16 employees. The SBA loan documents did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

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