Financing for Commercial Printing
With these commercial loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $103,000 was given to a Kentucky entrepreneur in 2004.
This business knew how to go about getting a business bank loan. Based in Florence, Kentucky, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Fifth Third Bank, based in Florence, Kentucky.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
FLORENCE, KY 41042
SBA Loan Lender
FIFTH THIRD BANK
8100 BURLINGTON PIKE
FLORENCE, KY 41042
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2759 - Commercial Printing
NAICS Code
323119 - Commercial Printing
Loan Approval Date
6/25/2004
Loan Approval Gross Amount
$103,000
Loan Approval from the SBA
Of the total $103,000 loan amount, the SBA guaranteed $87,550.
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 documents did not indicate that the business promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your 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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $103,000 loan. Remember, anyone can do it... so why not you?
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:
Choosing VC Firms
SBA 7A Lenders in Florence, Kentucky
Kentucky SBA 7A Lenders