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December 22, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in La Porte, Indiana and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Lithographic Printing Business Loans

With these business loans for commercial lithographic printing, the SBA guarantees the lender that the loan will be repaid. This commercial lithographic printing loan for $39,000 was given to an Indiana entrepreneur in 2001.

This business knew how to go about getting a business bank loan. Based in La Porte, Indiana, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was La Porte Savings Bank, based in La Porte, Indiana.

SBA Loan Borrower

COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
LA PORTE, IN 46350

SBA Loan Lender

LA PORTE SAVINGS BANK
710 INDIANA AVE
LA PORTE, IN 46350

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

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

5/30/2001

Loan Approval Gross Amount

$39,000

Loan Approval from the SBA

Of the total $39,000 loan amount, the SBA guaranteed $33,150.

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 only one employee. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Raising Venture Capital

SBA Participating Banks in La Porte, Indiana

Indiana SBA Banks