National Paper Company Inc.
National Paper Company Inc. is located in Bohemia, New York, and operates in All Other Converted Paper Product Manufacturing (NAICS 322299). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,853,000, approved on March 6, 2025, through Manufacturers and Traders Trust Company.
SBA 7(a) loan, change of ownership, approved Mar 6, 2025
$1,853,000 approvedLender: Manufacturers and Traders Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,853,000
- SBA-guaranteed amount
- $1,389,750 (75% of the approval)
- Lender
- Manufacturers and Traders Trust Company, Buffalo, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 6, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $24,232 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 26, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 322299, All Other Converted Paper Product Manufacturing
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Converted Paper Product Manufacturing: $2,273,250.
- Average acquisition loan in New York: $1,771,512.
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.
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