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December 19, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Richmond, Business Loans > Suntrust Bank Richmond Business Loans > Prepress Services Loan | ||||
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Business Loans for Denver Small Business Owners
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Bank Loans for Prepress ServicesWith these bank loans for prepress services, the SBA guarantees the lender that the loan will be repaid. This prepress services loan for $261,000 was given to a North Carolina entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denver, North Carolina was able to borrow $261,000 from Suntrust Bank. The SBA made the loan possible by guaranteeing $130,500 of this North Carolina small business loan. SBA Loan Borrower COMPANY TYPE: PREPRESS SERVICES SBA Loan Lender SUNTRUST BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 323122 - Prepress Services Loan Approval Date 8/21/2007 Loan Approval Gross Amount $261,000 Loan Approval from the SBA Of the total $261,000 loan amount, the SBA guaranteed $130,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Denver or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Find an SBA Lender in Richmond, Virginia SBA Participating Banks in Virginia
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