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November 15, 2024  
 
 
  Business Loan Information  
 

State College, Pennsylvania Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Small Business Loans for Office Supplies and Stationery

Looking for small business loans for office supplies and stationery? An SBA loan may be just what you've been looking for. This $100,000 office supplies and stationery loan was issued by a Pennsylvania bank.

This company knew how to go about getting a business bank loan. Based in State College, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Nittany Bank, A Division Of, based in State College, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
STATE COLLEGE, PA 16801

SBA Loan Lender

NITTANY BANK, A DIVISION OF
116 E COLLEGE AVE
STATE COLLEGE, PA 16801

This SBA business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

3/5/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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Banks in State College, Pennsylvania

Getting an SBA Loan in Pennsylvania