Commercial Lithographic Printing Business Loans
Looking for business loans for commercial lithographic printing? The SBA may be the answer. This $356,000 commercial lithographic printing loan was issued by a California bank.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Cathay Bank, out of Los Angeles, California. The loan was granted and they received $356,000 to help grow their Irwindale, California business.
SBA Loan Borrower
COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
IRWINDALE, CA 91706
SBA Loan Lender
CATHAY BANK
777 N BROADWAY
LOS ANGELES, CA 90012
This lender issued this small business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started 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
2752 - Lithographic Commercial Printing
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
9/30/2000
Loan Approval Gross Amount
$356,000
Loan Approval from the SBA
Of the total $356,000 loan amount, the SBA guaranteed $267,000.
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 10 employees. The SBA loan documents did not indicate that the company promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you are working on finding money to start a business in Irwindale CA, you ought to talk with a local Irwindale SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Irwindale businesses.
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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