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April 28, 2024 |
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| Home > Small Business Lenders by State > Tennessee Business Loan Sources > Paris, Business Loans > Tennessee Business & Indust Devel Paris Business Loans > Plastics Material And Resin Manufacturing Loan | ||||
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Tennessee Business & Indust Devel SBA 7A Loans
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Borrowing Money for Plastics Material and Resin ManufacturingLooking for loans for plastics material and resin manufacturing? The SBA may be the answer. This $100,000 plastics material and resin manufacturing loan was issued by a Tennessee bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chickasaw Heights, Tennessee was able to borrow $100,000 from Tennessee Business & Indust Devel. The SBA made the loan possible by guaranteeing $75,000 of this Tennessee small business loan. SBA Loan Borrower COMPANY TYPE: PLASTICS MATERIAL AND RESIN MANUFACTURING SBA Loan Lender TENNESSEE BUSINESS & INDUST DEVEL This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 325211 - Plastics Material and Resin Manufacturing Loan Approval Date 10/17/2000 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $75,000. 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 2 employees. The SBA loan documents indicated that the loan would help generate 8 new jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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:
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