Commercial Loans for Printing and Writing Paper Wholesalers

With these commercial 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 $57,900 was given to a California entrepreneur in 2001.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with California Bank & Trust, out of Sacramento, California. The loan was granted and they received $57,900 to help grow their San Diego, California business.

SBA Loan Borrower

COMPANY TYPE: PRINTING AND WRITING PAPER WHOLESALERS
SAN DIEGO, CA 92117

SBA Loan Lender

CALIFORNIA BANK & TRUST
2399 GATEWAY OAKS DR, STE 110
SACRAMENTO, CA 95833

This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

422110 - Printing and Writing Paper Wholesalers

Loan Approval Date

7/11/2001

Loan Approval Gross Amount

$57,900

Loan Approval from the SBA

Of the total $57,900 loan amount, the SBA guaranteed $28,950.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 8 existing jobs.

Next Steps for Getting an SBA Loan

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 California Bank & Trust 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.

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