Raising Money for Commercial Screen Printing
With these business loans for commercial screen printing, the SBA guarantees the lender that the loan will be repaid. This commercial screen printing loan for $149,500 was given to a Connecticut entrepreneur in 2005.
This small business knew how to go about getting a business bank loan. Based in Enfield (thompsonville), Connecticut, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Webster Bank, based in New Haven, Connecticut.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL SCREEN PRINTING
ENFIELD (THOMPSONVILLE), CT 06082
SBA Loan Lender
WEBSTER BANK
80 ELM ST
NEW HAVEN, CT 06510
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323113 - Commercial Screen Printing
Loan Approval Date
2/9/2005
Loan Approval Gross Amount
$149,500
Loan Approval from the SBA
Of the total $149,500 loan amount, the SBA guaranteed $127,075.
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 2 employees. The loan application indicated that the loan would help generate 5 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
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:
Advice on Getting a Small Business Loan
Small Bank Loans in New Haven, Connecticut
Find an SBA Lender in Connecticut