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November 21, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Stationery And Office Supplies Wholesalers Loan | ||||
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How Hard Is It to Get a Small Business Loan in Edina, Minnesota?
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How to Get a Loan for Stationery and Office Supplies WholesalersLooking for business loans for stationery and office supplies wholesalers? Try the SBA. This $620,000 stationery and office supplies wholesalers loan was issued by a New Jersey bank. Getting a small business loan in Edina, Minnesota was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Cit Small Business Lending Corp, operating out of Livingston, New Jersey. Here are the details on this Minnesota small business loan. SBA Loan Borrower COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES WHOLESALERS SBA Loan Lender CIT SMALL BUSINESS LENDING CORP This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 422120 - Stationery and Office Supplies Wholesalers Loan Approval Date 8/19/2005 Loan Approval Gross Amount $620,000 Loan Approval from the SBA Of the total $620,000 loan amount, the SBA guaranteed $465,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help retain 6 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Edina or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Banks in Livingston, New Jersey
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