Raising Money 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 $594,000 was given to a New Hampshire entrepreneur in 2004.
This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Ups Capital Business Credit, out of Providence, Rhode Island. The loan was granted and they received $594,000 to help grow their East Hampstead, New Hampshire business.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
EAST HAMPSTEAD, NH 03826
SBA Loan Lender
UPS CAPITAL BUSINESS CREDIT
55 DORRANCE ST
PROVIDENCE, RI 02903
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
11/15/2004
Loan Approval Gross Amount
$594,000
Loan Approval from the SBA
Of the total $594,000 loan amount, the SBA guaranteed $445,500.
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 65 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
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.
Related Links:
Small Business Credit Cards
Best Banks for Small Business in Providence, Rhode Island
Rhode Island SBA Banks