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November 14, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Taos, Business Loans > First Community Bank Taos Business Loans > Commercial Printing Loan | ||||
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Taos Bank Loan
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Entrepreneur Works With Taos, New Mexico Bank to Get an SBA LoanThinking about meeting with a Taos, New Mexico bank about a business loan? Here's one New Mexico business loan, issued by a Taos bank, that was approved by the SBA. Applying for an SBA loan with First Community Bank worked out well for our friends at one local firm in Albuquerque, New Mexico. They received an SBA loan for $232,800. Way to go! SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender FIRST COMMUNITY BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323119 - Commercial Printing Loan Approval Date 4/26/2002 Loan Approval Gross Amount $232,800 Loan Approval from the SBA Of the total $232,800 loan amount, the SBA guaranteed $174,600. 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 15 employees. This SBA loan request did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Small Business Banks in Taos, New Mexico
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