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March 28, 2024  
 
 
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Loan Census SBA Loan Info

Business Loans for Custom Compounding of Purchased Resins

Looking for business loans for custom compounding of purchased resins? Talk to a banker who works with the SBA. This $225,000 custom compounding of purchased resins loan was issued by a Florida bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with 1st United Bank, out of Boca Raton, Florida. The loan was granted and they received $225,000 to help grow their Jupiter, Florida business.

SBA Loan Borrower

COMPANY TYPE: SERVICES
JUPITER, FL 33458

SBA Loan Lender

1ST UNITED BANK
ONE NORTH FEDERAL HWY
BOCA RATON, FL 33432

This SBA 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

8999 - Services

NAICS Code

325991 - Custom Compounding of Purchased Resins

Loan Approval Date

6/11/2001

Loan Approval Gross Amount

$225,000

Loan Approval from the SBA

Of the total $225,000 loan amount, the SBA guaranteed $168,750.

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 4 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $225,000 loan. Remember, fight for what you want, and it will be yours!

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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