Getting an SBA Loan for Commercial Screen Printing

With these commercial loans for commercial screen printing, the SBA guarantees the lender that the loan will be repaid. This commercial screen printing loan for $73,800 was given to a New York entrepreneur in 2003.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Glens Falls National Bank & Trust, out of Glens Falls, New York. The loan was granted and they received $73,800 to help grow their Glens Falls, New York business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
GLENS FALLS, NY 12801

SBA Loan Lender

GLENS FALLS NATIONAL BANK & TRUST
250 GLEN ST
GLENS FALLS, NY 12801

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

323113 - Commercial Screen Printing

Loan Approval Date

4/18/2003

Loan Approval Gross Amount

$73,800

Loan Approval from the SBA

Of the total $73,800 loan amount, the SBA guaranteed $36,900.

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 33 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 33 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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