Office Supplies and Stationery Bank Loans
Looking for bank loans for office supplies and stationery? Talk to a banker who works with the SBA. This $135,000 office supplies and stationery loan was issued by a New Jersey bank.
This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Bank, out of Woodbury, New Jersey. The loan was granted and they received $135,000 to help grow their Glassboro, New Jersey business.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
GLASSBORO, NJ 08062
SBA Loan Lender
THE BANK
100 PARK AVE
WOODBURY, NJ 08096
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
5/20/2004
Loan Approval Gross Amount
$135,000
Loan Approval from the SBA
Of the total $135,000 loan amount, the SBA guaranteed $114,750.
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. The SBA loan documents did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
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
Small Bank Loans in Woodbury, New Jersey
New Jersey SBA Banks