SBA Loans for Digital Printing
With these SBA loans for digital printing, the SBA guarantees the lender that the loan will be repaid. This digital printing loan for $350,000 was given to a Missouri entrepreneur in 2005.
Getting a small business loan in Kansas City, Missouri was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Umb Bank, operating out of Liberty, Missouri. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
KANSAS CITY, MO 64153
SBA Loan Lender
UMB BANK
1 VICTORY DR
LIBERTY, MO 64068
This lender issued this small business loan under the 7A SBA program, 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
2759 - Commercial Printing
NAICS Code
323115 - Digital Printing
Loan Approval Date
12/21/2005
Loan Approval Gross Amount
$350,000
Loan Approval from the SBA
Of the total $350,000 loan amount, the SBA guaranteed $262,500.
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 8 employees. The SBA loan application for the borrower did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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.
Related Links:
Alternative Financing
SBA 7A Lenders in Liberty, Missouri
Getting an SBA Loan in Missouri