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November 23, 2024  
 
 
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What Does It Take to Get a Business Loan in Albuquerque, New Mexico?

 

 
Loan Census SBA Loan Info

Raising Money for Commercial Gravure Printing

Looking for business loans for commercial gravure printing? The SBA may be the answer. This $215,000 commercial gravure printing loan was issued by a New Mexico bank.

This business knew how to go about getting a business bank loan. Based in Albuquerque, New Mexico, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First Fed. A Division - Washin, based in Roswell, New Mexico.

SBA Loan Borrower

COMPANY TYPE: GRAVURE COMMERCIAL PRINTING
ALBUQUERQUE, NM 87107

SBA Loan Lender

FIRST FED. A DIVISION - WASHIN
300 N PENNSYLVANIA AVE
ROSWELL, NM 88201

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2754 - Gravure Commercial Printing

NAICS Code

323111 - Commercial Gravure Printing

Loan Approval Date

10/17/2000

Loan Approval Gross Amount

$215,000

Loan Approval from the SBA

Of the total $215,000 loan amount, the SBA guaranteed $161,250.

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 30 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

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.

Related Links:

Advice on Getting a Small Business Loan

SBA 7A Banks for Roswell, New Mexico Loans

SBA Participating Banks in New Mexico