Loan Census Banking News and Information
December 24, 2024  
 
 
  Business Loan Information  
 

Business Loans for Long Beach Entrepreneurs

 

 
Loan Census SBA Loan Info

Stationery, Tablet, and Related Product Manufacturing Business Loans

Looking for business loans for stationery, tablet, and related product manufacturing? Talk to a banker who works with the SBA. This $305,000 stationery, tablet, and related product manufacturing loan was issued by a New Jersey bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Long Beach, California was able to borrow $305,000 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $228,750 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: STATIONERY, TABLET, AND RELATED PRODUCT MANUFACTURING
LONG BEACH, CA 90813

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA small 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

322233 - Stationery, Tablet, and Related Product Manufacturing

Loan Approval Date

9/29/2004

Loan Approval Gross Amount

$305,000

Loan Approval from the SBA

Of the total $305,000 loan amount, the SBA guaranteed $228,750.

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 12 employees. The SBA loan documents indicated that the loan would help retain 12 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

How to Raise Money

Who Lends Money to Small Businesses in Livingston, New Jersey

Getting an SBA Loan in New Jersey