How to Get a Loan for Commercial Printing
Looking for business loans for commercial printing? Talk to a banker who works with the SBA. This $195,000 commercial printing loan was issued by a Texas bank.
This small business knew how to go about getting a business bank loan. Based in Lake Worth Village, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Sterling Bank, based in Houston, Texas.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
LAKE WORTH VILLAGE, TX 76114
SBA Loan Lender
STERLING BANK
2550 N LOOP WEST
HOUSTON, TX 77092
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
12/6/2006
Loan Approval Gross Amount
$195,000
Loan Approval from the SBA
Of the total $195,000 loan amount, the SBA guaranteed $146,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help create 4 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Choosing VC Firms
Where to Get an SBA Loan in Houston, Texas
Getting an SBA Loan in Texas