Graphic Design Services Small Business Loans
With these small business loans for graphic design services, the SBA guarantees the lender that the loan will be repaid. This graphic design services loan for $50,000 was given to a Pennsylvania entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Harrisburg, Pennsylvania was able to borrow $50,000 from Commerce Bank/harrisburg Natl. The SBA made the loan possible by guaranteeing $25,000 of this Pennsylvania small business loan.
SBA Loan Borrower
COMPANY TYPE: GRAPHIC DESIGN SERVICES
Harrisburg, PA 17104
SBA Loan Lender
COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541430 - Graphic Design Services
Loan Approval Date
11/19/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had no employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new 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 $50,000 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.
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