Commercial Loans for Commercial Screen Printing
With these commercial loans for commercial screen printing, the SBA guarantees the lender that the loan will be repaid. This commercial screen printing loan for $636,500 was given to a California entrepreneur in 2005.
This business knew how to go about getting a business bank loan. Based in Culver City, California, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Comerica Bank, based in Dallas, Texas.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL SCREEN PRINTING
CULVER CITY, CA 90232
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323113 - Commercial Screen Printing
Loan Approval Date
5/10/2005
Loan Approval Gross Amount
$636,500
Loan Approval from the SBA
Of the total $636,500 loan amount, the SBA guaranteed $477,375.
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 18 employees. This SBA loan request indicated that the loan would help retain 18 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours 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.
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