Commercial Loans for Commercial Printing
With these commercial loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $180,000 was given to a Missouri entrepreneur in 2004.
This small business knew how to go about getting a business bank loan. Based in Lake St. Louis, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Southwest Bank Of St. Louis, based in Belleville, Illinois.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
LAKE ST. LOUIS, MO 63367
SBA Loan Lender
SOUTHWEST BANK OF ST. LOUIS
2 CARLYLE PLAZA DR
BELLEVILLE, IL 62221
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
2/18/2004
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
We can help you find the best banks for small businesses in Lake St. Louis or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Small Business Loan
SBA Participating Banks in Belleville, Illinois
Illinois SBA Bank Lenders