Financing for Quick Printing
With these commercial loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $142,000 was given to an Indiana entrepreneur in 2002.
This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Goshen Community Bank, out of Goshen, Indiana. The loan was granted and they received $142,000 to help grow their Goshen, Indiana business.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
GOSHEN, IN 46526
SBA Loan Lender
GOSHEN COMMUNITY BANK
511 W LINCOLN AVE
GOSHEN, IN 46526
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2759 - Commercial Printing
NAICS Code
323114 - Quick Printing
Loan Approval Date
2/7/2002
Loan Approval Gross Amount
$142,000
Loan Approval from the SBA
Of the total $142,000 loan amount, the SBA guaranteed $120,700.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.
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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Goshen Community Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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