Business Loans for Office Supplies and Stationery
Looking for business loans for office supplies and stationery? An SBA loan may be just what you've been looking for. This $595,000 office supplies and stationery loan was issued by a Georgia bank.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Alma Exchange Bank & Trust, out of Alma, Georgia. The loan was granted and they received $595,000 to help grow their Waycross, Georgia business.
SBA Loan Borrower
COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
WAYCROSS, GA 31516
SBA Loan Lender
ALMA EXCHANGE BANK & TRUST
501 W 12TH ST
ALMA, GA 31510
This SBA bank 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
8/16/2001
Loan Approval Gross Amount
$595,000
Loan Approval from the SBA
Of the total $595,000 loan amount, the SBA guaranteed $446,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 10 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Alma Exchange 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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