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| Entrepreneur Resources | Ocean Bank Miami Business Loans | ||||
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Small Business Banks for Miami Businesses
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Plastics Product Manufacturing Commercial LoansLooking for commercial loans for plastics product manufacturing? An SBA loan may be just what you've been looking for. This $75,000 plastics product manufacturing loan was issued by a Florida bank.
Meltpoint Plastics Internation received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Ocean Bank, out of Miami, Florida. The loan was granted and they received $75,000 to help grow their Miami, Florida business. SBA Loan Borrower MELTPOINT PLASTICS INTERNATION SBA Loan Lender OCEAN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3089 - Plastics Products, N.E.C. NAICS Code 326199 - All Other Plastics Product Manufacturing Loan Approval Date 10/17/2002 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $56,250. More Information on This SBA Loan The borrower, Meltpoint Plastics Internation, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Your solution for where to find money to start a business may be an SBA guaranteed loan. Meltpoint Plastics Internation recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Family and Friend Investors - Your First Financiers SBA 7A Banks for Miami, Florida Loans If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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