Commercial Printing SBA Loans
Looking for SBA loans for commercial printing? Talk to a banker who works with the SBA. This $805,000 commercial printing loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bridge Bank, out of San Jose, California. The loan was granted and they received $805,000 to help grow their Campbell, California business.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
CAMPBELL, CA 95008
SBA Loan Lender
BRIDGE BANK
55 ALMADEN BLVD
SAN JOSE, CA 95113
This bank 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
323119 - Commercial Printing
Loan Approval Date
3/29/2002
Loan Approval Gross Amount
$805,000
Loan Approval from the SBA
Of the total $805,000 loan amount, the SBA guaranteed $603,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 15 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bridge Bank 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.
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