Loan Census Banking News and Information
April 20, 2021  
  Business Loan Information  

How Hard Is It to Get a Small Business Loan in Methuen, Massachusetts?


Loan Census SBA Loan Info

Financing for Printing and Writing Paper Wholesalers

Looking for commercial loans for printing and writing paper wholesalers? Talk to a banker who works with the SBA. This $35,000 printing and writing paper wholesalers loan was issued by a Massachusetts bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Lowell Five Cent Savings Bank, out of Lowell, Massachusetts. The loan was granted and they received $35,000 to help grow their Methuen, Massachusetts business.

SBA Loan Borrower


SBA Loan Lender

LOWELL, MA 01852

This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5111 - Printing and Writing Paper


422110 - Printing and Writing Paper Wholesalers

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $28,000.

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 SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels 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.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Lowell Five Cent Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. 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:

Attracting Investors

SBA Participating Banks in Lowell, Massachusetts

Massachusetts SBA 7A Lenders