New Mexico Business Loan Issued to Commercial Lithographic Printing Company
New MexicoSBA loans are available to New Mexico entrepreneurs through the SBA. In this case, a Missouri bank provides the loan.
This small business, based in Albuquerque, New Mexico, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Ge Cap. Small Business Finan Corp. We've got the inside scoop on this New Mexico small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
ALBUQUERQUE, NM 87104
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
1/17/2001
Loan Approval Gross Amount
$410,000
Loan Approval from the SBA
Of the total $410,000 loan amount, the SBA guaranteed $307,500.
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 90 employees. The SBA loan application for the borrower indicated that the loan would help generate 10 new jobs and retain 90 existing jobs.
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.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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