Printing and Writing Paper Wholesalers Loans
With these loans for printing and writing paper wholesalers, the SBA guarantees the lender that the loan will be repaid. This printing and writing paper wholesalers loan for $50,000 was given to a Hawaii entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pearl City, Hawaii was able to borrow $50,000 from American Savings Bank, Fsb. The SBA made the loan possible by guaranteeing $42,500 of this Hawaii small business loan.
SBA Loan Borrower
COMPANY TYPE: PRINTING AND WRITING PAPER WHOLESALERS
PEARL CITY, HI 96782
SBA Loan Lender
AMERICAN SAVINGS BANK, FSB
915 FORT STREET MALL, FINANCI
HONOLULU, HI 96813
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
422110 - Printing and Writing Paper Wholesalers
Loan Approval Date
3/22/2002
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 4 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, if it to be, it is up to me!
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 Line of Credit
Good Banks for Small Business in Honolulu, Hawaii
SBA Lenders in Hawaii