Packrite LLC
Packrite LLC is located in High Point, NC, and the SBA lists its industry as Corrugated and Solid Fiber Box Manufacturing. It was approved for an SBA 504 loan ($3,690,000 SBA portion) on December 31, 2025 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 31, 2025 | $3,690,000 | $4,508,000 | $9,108,889 (estimated) | M&T Bank Corporation | Business Expansion Funding Corporation | 20 years | 26 | 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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