Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

SBA Lender Glassboro New Jersey

 

 
Loan Census SBA Loan Info

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