Raising Money for Commercial Screen Printing

With these business loans for commercial screen printing, the SBA guarantees the lender that the loan will be repaid. This commercial screen printing loan for $300,000 was given to a Minnesota entrepreneur in 2001.

Getting a small business loan in Alexandria, Minnesota was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Amer National Bank - Minnesota, operating out of Alexandria, Minnesota. Here are the details on this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
ALEXANDRIA, MN 56308

SBA Loan Lender

AMER NATIONAL BANK - MINNESOTA
512 30TH AVE EAST
ALEXANDRIA, MN 56308

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323113 - Commercial Screen Printing

Loan Approval Date

3/26/2001

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Small Business Loan

Find an SBA Lender in Alexandria, Minnesota

Getting an SBA Loan in Minnesota