Where to Get Capital for Plastics Materials and Basic Forms and Shapes Wholesalers
Looking for small business loans for plastics materials and basic forms and shapes wholesalers? An SBA loan may be just what you've been looking for. This $100,000 plastics materials and basic forms and shapes wholesalers loan was issued by a Texas bank.
This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Metrobank, out of Houston, Texas. The loan was granted and they received $100,000 to help grow their Missouri City, Texas business.
SBA Loan Borrower
COMPANY TYPE: PLASTICS MATERIALS AND BASIC FORMS AND SHAPES WHOLESALERS
MISSOURI CITY, TX 77459
SBA Loan Lender
METROBANK
9600 BELLAIRE BLVD
HOUSTON, TX 77036
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
422610 - Plastics Materials and Basic Forms and Shapes Wholesalers
Loan Approval Date
3/29/2001
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
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:
Direct Public Offerings
Where to Get an SBA Loan in Houston, Texas
SBA Texas Banks