Converted Paper Product Manufacturing Business Loans

Looking for business loans for converted paper product manufacturing? An SBA loan may be just what you've been looking for. This $1,410,500 converted paper product manufacturing loan was issued by an Ohio bank.

Getting a small business loan in Franklin, Ohio was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Oak Hill Banks, operating out of Centerville, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: DIE-CUT PAPER AND PAPERBOARD AND CARDBOARD
FRANKLIN, OH 45005

SBA Loan Lender

OAK HILL BANKS
1033 S MAIN ST
CENTERVILLE, OH 45458

This SBA business loan was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending history and are well trained in SBA loan requirements.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2675 - Die-Cut Paper and Paperboard and Cardboard

NAICS Code

322299 - Converted Paper Product Manufacturing

Loan Approval Date

9/21/2004

Loan Approval Gross Amount

$1,410,500

Loan Approval from the SBA

Of the total $1,410,500 loan amount, the SBA guaranteed $1,057,875.

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 13 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Although it's called an SBA loan, you 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.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Equity Financing

Good Banks for Small Business in Centerville, Ohio

Getting an SBA Loan in Ohio