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May 1, 2024  
 
 
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How to Get SBA Loans in Los Angeles, California

 

 
Loan Census SBA Loan Info

Bank Loans for Stationery and Office Supplies Wholesalers

Looking for bank loans for stationery and office supplies wholesalers? Try the SBA. This $35,000 stationery and office supplies wholesalers loan was issued by a California bank.

Getting a small business loan in Los Angeles, California was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Vineyard Bank, operating out of Corona, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: STATIONERY AND OFFICE SUPPLIES WHOLESALERS
LOS ANGELES, CA 90048

SBA Loan Lender

VINEYARD BANK
1260 CORONA POINTE CT
CORONA, CA 92879

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422120 - Stationery and Office Supplies Wholesalers

Loan Approval Date

8/26/2002

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

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 only one employee. The loan application did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

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.

Related Links:

Alternative Financing

Small Business Banks in Corona, California

SBA Lenders in California