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November 14, 2024  
 
 
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Rockford, Illinois Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Office Supplies and Stationery

Looking for commercial loans for office supplies and stationery? The SBA may be the answer. This $250,600 office supplies and stationery loan was issued by an Illinois bank.

This small business knew how to go about getting a business bank loan. Based in Rockford, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Alpine Bank Of Illinois, based in Rockford, Illinois.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
ROCKFORD, IL 61114

SBA Loan Lender

ALPINE BANK OF ILLINOIS
1700 N ALPINE RD
ROCKFORD, IL 61107

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

8/29/2005

Loan Approval Gross Amount

$250,600

Loan Approval from the SBA

Of the total $250,600 loan amount, the SBA guaranteed $125,300.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Rockford IL, you ought to talk with a local Rockford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Rockford businesses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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