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May 5, 2024 |
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| Home > Small Business Lenders by State > Oregon Business Loan Sources > Portland, Business Loans > Albina Community Bank Portland Business Loans > Office Supplies And Stationery Loan | ||||
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Business Loans for West Linn Business Owners
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Office Supplies and Stationery Business LoansLooking for business loans for office supplies and stationery? Try the SBA. This $75,000 office supplies and stationery loan was issued by an Oregon bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Linn, Oregon was able to borrow $75,000 from Albina Community Bank. The SBA made the loan possible by guaranteeing $63,750 of this Oregon small business loan. SBA Loan Borrower COMPANY TYPE: OFFICE SUPPLIES AND STATIONERY SBA Loan Lender ALBINA COMMUNITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453210 - Office Supplies and Stationery Loan Approval Date 9/12/2002 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $63,750. 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 2 employees. The SBA loan documents 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 Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $75,000 loan. Remember, if it to be, it is up to me! 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: Obtaining Funding - How to Borrow Money Good Banks for Small Business in Portland, Oregon
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