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November 21, 2024  
 
 
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First National Bank Alaska SBA 7A Loans

 

 
Loan Census SBA Loan Info

Books Printing Small Business Loans

Looking for small business loans for books printing? An SBA loan may be just what you've been looking for. This $45,000 books printing loan was issued by an Alaska bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Anchorage, Alaska was able to borrow $45,000 from First National Bank Alaska. The SBA made the loan possible by guaranteeing $38,250 of this Alaska small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOKS PRINTING
ANCHORAGE, AK 99501

SBA Loan Lender

FIRST NATIONAL BANK ALASKA
101 W 36TH AVE
ANCHORAGE, AK 99503

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323117 - Books Printing

Loan Approval Date

12/10/2004

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

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 only one employee. This SBA loan request did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like First National Bank Alaska are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Credit Evaluation

SBA Banks in Anchorage, Alaska

Getting a Business Loan in Alaska