Borrowing Money for Die-Cut Paper and Paperboard Office Supplies Manufacturing

Looking for loans for die-cut paper and paperboard office supplies manufacturing? The SBA may be the answer. This $750,000 die-cut paper and paperboard office supplies manufacturing loan was issued by a Kansas bank.

Getting a small business loan in Gardner, Kansas was important for this company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Morrill & Janes Bank & Trust, operating out of Merriam, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: CONVERTED PAPER AND PAPERBOARD PRODUCTS, N.E.C
GARDNER, KS 66030

SBA Loan Lender

MORRILL & JANES BANK & TRUST
6740 ANTIOCH RD
MERRIAM, KS 66204

This SBA 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

2679 - Converted Paper and Paperboard Products, N.E.C

NAICS Code

322231 - Die-Cut Paper and Paperboard Office Supplies Manufacturing

Loan Approval Date

3/30/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 15 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Morrill & Janes Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

The Friends and Family Network

Where to Get an SBA Loan in Merriam, Kansas

Find an SBA Lender in Kansas