Earthwise Plastics, Inc.
Earthwise Plastics, Inc. is located in Gas City, IN, and the SBA lists its industry as All Other Plastics Product Manufacturing. It was approved for an SBA 504 loan ($2,707,000 SBA portion) on August 18, 2025 to finance real estate or equipment.
SBA 504 loan, approved Aug 18, 2025
- SBA (CDC) portion
- $2,707,000
- Bank portion
- $3,309,500
- Estimated project size
- $6,685,000 (estimated)
- Estimated owner equity
- $668,500 (estimated, about 10% of the project)
- Bank lender
- Community First Bank of Indiana, Kokomo, IN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 10 years (120 months)
- Estimated maturity
- August 18, 2035 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 326199, All Other Plastics Product Manufacturing
- Project location
- Grant County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-5
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 57% of expansion loans in All Other Plastics Product Manufacturing on this site.
- Average expansion loan in All Other Plastics Product Manufacturing: $3,072,957.
- Average expansion loan in Indiana: $2,227,963.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Indiana
- Royal Interpack Midwest, Inc, Whitestown
- MAKS Plastics, LLC, Elkhart
- Sjip LLC, Evansville