Where to Get Capital for Office Supplies and Stationery

Looking for small business loans for office supplies and stationery? An SBA loan may be just what you've been looking for. This $75,000 office supplies and stationery loan was issued by an Iowa bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Primebank, out of Le Mars, Iowa. The loan was granted and they received $75,000 to help grow their Le Mars, Iowa business.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
LE MARS, IA 51031

SBA Loan Lender

PRIMEBANK
37 1ST AVE NW
LE MARS, IA 51031

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

11/22/2004

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Primebank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Choosing VC Firms

SBA 7A Banks for Le Mars, Iowa Loans

Getting an SBA Loan in Iowa