Business Loans for Commercial Printing
With these business loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $65,000 was given to an Iowa entrepreneur in 2004.
Getting a small business loan in Davenport, Iowa was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Northwest Bank & Trust Company, operating out of Davenport, Iowa. Here are the details on this Iowa small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
DAVENPORT, IA 52807
SBA Loan Lender
NORTHWEST BANK & TRUST COMPANY
100 E KIMBERLY
DAVENPORT, IA 52806
The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
8/26/2004
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $32,500.
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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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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