Commercial Gravure Printing SBA Loans

Looking for SBA loans for commercial gravure printing? An SBA loan may be just what you've been looking for. This $972,900 commercial gravure printing loan was issued by an Illinois bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Bankers Trust Natl, out of Quincy, Illinois. The loan was granted and they received $972,900 to help grow their Hamilton, Illinois business.

SBA Loan Borrower

COMPANY TYPE: GRAVURE COMMERCIAL PRINTING
HAMILTON, IL 62341

SBA Loan Lender

FIRST BANKERS TRUST NATL
1201 BROADWAY
QUINCY, IL 62301

This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2754 - Gravure Commercial Printing

NAICS Code

323111 - Commercial Gravure Printing

Loan Approval Date

12/16/2003

Loan Approval Gross Amount

$972,900

Loan Approval from the SBA

Of the total $972,900 loan amount, the SBA guaranteed $729,675.

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 13 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. First Bankers Trust Natl had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, First Bankers Trust Natl made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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