Unsupported Plastics Profile Shapes Manufacturing Small Business Loans
Looking for small business loans for unsupported plastics profile shapes manufacturing? An SBA loan may be just what you've been looking for. This $79,000 unsupported plastics profile shapes manufacturing loan was issued by a North Carolina bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tomball, Texas was able to borrow $79,000 from Bank Of America. The SBA made the loan possible by guaranteeing $39,500 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: UNSUPPORTED PLASTICS PROFILE SHAPES MANUFACTURING
TOMBALL, TX 77375
SBA Loan Lender
BANK OF AMERICA
100 N TRYON ST
CHARLOTTE, NC 28255
This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
326121 - Unsupported Plastics Profile Shapes Manufacturing
Loan Approval Date
12/13/2000
Loan Approval Gross Amount
$79,000
Loan Approval from the SBA
Of the total $79,000 loan amount, the SBA guaranteed $39,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
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.
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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