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November 15, 2024  
 
 
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What Does It Take to Get a Business Loan in Greenville, Mississippi?

 

 
Loan Census SBA Loan Info

Where to Get Capital for Office Supplies and Stationery

Looking for SBA loans for office supplies and stationery? Try the SBA. This $355,000 office supplies and stationery loan was issued by a Mississippi bank.

Getting a small business loan in Greenville, Mississippi was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Guaranty Bank & Trust Co., operating out of Hollandale, Mississippi. Here are the details on this Mississippi small business loan.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
GREENVILLE, MS 38701

SBA Loan Lender

GUARANTY BANK & TRUST CO.
201 EAST AVE SOUTH
HOLLANDALE, MS 38748

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

8/15/2002

Loan Approval Gross Amount

$355,000

Loan Approval from the SBA

Of the total $355,000 loan amount, the SBA guaranteed $266,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $355,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Business Credit Evaluation

SBA 7A Banks for Hollandale, Mississippi Loans

Where to Get an SBA Loan Mississippi