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December 4, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > New Orleans, Business Loans > Dryades Savings Bank, F.S.B. New Orleans Business Loans > Printing And Writing Paper Merchant Wholesalers Loan | ||||
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How Hard Is It to Get a Small Business Loan in Covington, Louisiana?
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Printing and Writing Paper Merchant Wholesalers LoansLooking for loans for printing and writing paper merchant wholesalers? An SBA loan may be just what you've been looking for. This $130,000 printing and writing paper merchant wholesalers loan was issued by a Louisiana bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Covington, Louisiana was able to borrow $130,000 from Dryades Savings Bank, F.S.B.. The SBA made the loan possible by guaranteeing $110,500 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: PRINTING AND WRITING PAPER MERCHANT WHOLESALERS SBA Loan Lender DRYADES SAVINGS BANK, F.S.B. This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 424110 - Printing and Writing Paper Merchant Wholesalers Loan Approval Date 3/19/2004 Loan Approval Gross Amount $130,000 Loan Approval from the SBA Of the total $130,000 loan amount, the SBA guaranteed $110,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Dryades Savings Bank, F.S.B. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Obtaining Funding From a Venture Capitalist Best New Orleans, Louisiana Banks for Small Business
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