Where to Get Capital for Commercial Printing
Looking for SBA loans for commercial printing? Talk to a banker who works with the SBA. This $90,000 commercial printing loan was issued by a Minnesota bank.
This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Highland Bank, out of Maple Grove, Minnesota. The loan was granted and they received $90,000 to help grow their Bloomington, Minnesota business.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
BLOOMINGTON, MN 55425
SBA Loan Lender
HIGHLAND BANK
13370 GROVE DR
MAPLE GROVE, MN 55369
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2759 - Commercial Printing
NAICS Code
323119 - Commercial Printing
Loan Approval Date
3/5/2003
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $76,500.
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 only one employee. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $90,000 loan. Remember, fight for what you want, and it will be yours!
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:
Obtaining Funding - How to Borrow Money
Best Banks in Maple Grove, Minnesota
SBA Lenders in Minnesota