Where to Get Capital for Office Supplies and Stationery
Looking for small business loans for office supplies and stationery? Try the SBA. This $289,000 office supplies and stationery loan was issued by a New Jersey bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Clayton, Georgia was able to borrow $289,000 from Unity Bank. The SBA made the loan possible by guaranteeing $216,750 of this Georgia small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
CLAYTON, GA 30525
SBA Loan Lender
UNITY BANK
64 OLD HWY 22
CLINTON, NJ 08809
This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
11/19/2001
Loan Approval Gross Amount
$289,000
Loan Approval from the SBA
Of the total $289,000 loan amount, the SBA guaranteed $216,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Unity Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Unity Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
Related Links:
Find Start-Up Capital
Small Bank Loans in Clinton, New Jersey
Getting an SBA Loan in New Jersey