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May 1, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Corrugated And Solid Fiber Box Manufacturing Loan | ||||
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Los Angeles, California Bank Loan
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Financing for Corrugated and Solid Fiber Box ManufacturingLooking for loans for corrugated and solid fiber box manufacturing? The SBA may be the answer. This $634,500 corrugated and solid fiber box manufacturing loan was issued by a Delaware bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Los Angeles, California was able to borrow $634,500 from Lehman Brothers Bank, Fsb. The SBA made the loan possible by guaranteeing $475,875 of this California small business loan. SBA Loan Borrower COMPANY TYPE: CORRUGATED AND SOLID FIBER BOX MANUFACTURING SBA Loan Lender LEHMAN BROTHERS BANK, FSB Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 322211 - Corrugated and Solid Fiber Box Manufacturing Loan Approval Date 3/21/2005 Loan Approval Gross Amount $634,500 Loan Approval from the SBA Of the total $634,500 loan amount, the SBA guaranteed $475,875. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 29 employees. This SBA loan request indicated that the loan would help retain 29 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. 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 $634,500 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: SBA Approved Banks in Wilmington, Delaware
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