Loans for Office Supplies and Stationery
Looking for loans for office supplies and stationery? An SBA loan may be just what you've been looking for. This $25,000 office supplies and stationery loan was issued by an Iowa bank.
This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First Bank, out of West Des Moines, Iowa. The loan was granted and they received $25,000 to help grow their Des Moines, Iowa business.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
DES MOINES, IA 50316
SBA Loan Lender
FIRST BANK
5625 MILLS CIVIC PKWY
WEST DES MOINES, IA 50266
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
5/26/2005
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Startup Funding Tip
Find an SBA Lender in West Des Moines, Iowa
Iowa SBA 7A Banks