Loans for Quick Printing
With these loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $105,000 was given to a Virginia entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fairfax Station (rr Name Fairf, Virginia was able to borrow $105,000 from Pnc Bank, National Association. The SBA made the loan possible by guaranteeing $89,250 of this Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: QUICK PRINTING
FAIRFAX STATION (RR NAME FAIRF, VA 22030
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
107 FREE CT
STERLING, VA 20164
This lender provides SBA loan for small businesses 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
323114 - Quick Printing
Loan Approval Date
6/24/2004
Loan Approval Gross Amount
$105,000
Loan Approval from the SBA
Of the total $105,000 loan amount, the SBA guaranteed $89,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Pnc Bank, National Association and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Role of Business Plan When Raising Money
Small Business Banks in Sterling, Virginia
SBA Virginia Banks