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May 17, 2024  
 
 
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SBA Lender Burnsville Minnesota

 

 
Loan Census SBA Loan Info

Where to Get Capital 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 $241,148 office supplies and stationery loan was issued by a Minnesota bank.

This company knew how to go about getting a business bank loan. Based in Burnsville, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Richfield-Bloomington Cu, based in Richfield, Minnesota.

SBA Loan Borrower

COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY
BURNSVILLE, MN 55337

SBA Loan Lender

RICHFIELD-BLOOMINGTON CU
345 E 77TH ST
RICHFIELD, MN 55423

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453210 - Office Supplies and Stationery

Loan Approval Date

1/10/2006

Loan Approval Gross Amount

$241,148

Loan Approval from the SBA

Of the total $241,148 loan amount, the SBA guaranteed $180,861.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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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