Commercial Loans for Prepress Services

With these commercial loans for prepress services, the SBA guarantees the lender that the loan will be repaid. This prepress services loan for $195,100 was given to a Texas entrepreneur in 2006.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First Texas Bank, out of Georgetown, Texas. The loan was granted and they received $195,100 to help grow their Georgetown, Texas business.

SBA Loan Borrower

COMPANY TYPE: PREPRESS SERVICES
GEORGETOWN, TX 78626

SBA Loan Lender

FIRST TEXAS BANK
900 S AUSTIN AVE
GEORGETOWN, TX 78626

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

6/20/2006

Loan Approval Gross Amount

$195,100

Loan Approval from the SBA

Of the total $195,100 loan amount, the SBA guaranteed $97,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 4 new jobs.

Getting an SBA Loan For Your Business

If you want money for new small business in Georgetown TX, you ought to talk with a local Georgetown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Georgetown businesses.

There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.

Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!

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.

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