Western States Packaging, Inc.
Western States Packaging, Inc. is located in Simi Valley, CA, and the SBA lists its industry as Plastics Bag and Pouch Manufacturing. It was approved for an SBA 504 loan ($4,114,000 SBA portion) on December 4, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Dec 4, 2024 | $4,114,000 | $5,027,715 | $10,157,461 (estimated) | Bank of America, National Association | The Mortgage Capital Development Corporation | 25 years | 10 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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