Loans for Office Supplies and Stationery
With these loans for office supplies and stationery, the SBA guarantees the lender that the loan will be repaid. This office supplies and stationery loan for $310,000 was given to a California entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Paramount, California was able to borrow $310,000 from Community W. Bank. The SBA made the loan possible by guaranteeing $232,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
PARAMOUNT, CA 90723
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453210 - Office Supplies and Stationery
Loan Approval Date
12/23/2002
Loan Approval Gross Amount
$310,000
Loan Approval from the SBA
Of the total $310,000 loan amount, the SBA guaranteed $232,500.
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 indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start business in Paramount CA, you ought to talk with a local Paramount SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Paramount businesses.
This SBA loan was for $310,000. How would you spend $310,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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.
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