Financing for Commercial Printing

With these commercial loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $64,700 was given to a New Hampshire entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Allenstown, New Hampshire was able to borrow $64,700 from Td Banknorth. The SBA made the loan possible by guaranteeing $32,350 of this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
Allenstown, NH 03275

SBA Loan Lender

TD BANKNORTH
1 PORTLAND SQ
PORTLAND, ME 04101

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

4/28/2006

Loan Approval Gross Amount

$64,700

Loan Approval from the SBA

Of the total $64,700 loan amount, the SBA guaranteed $32,350.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Td Banknorth 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:

VC Firms on Twitter

Best Portland, Maine Banks for Small Business

Find an SBA Lender in Maine