Printing Machinery and Equipment Manufacturing SBA Loans

Looking for SBA loans for printing machinery and equipment manufacturing? Talk to a banker who works with the SBA. This $800,000 printing machinery and equipment manufacturing loan was issued by an Illinois bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Lasalle Bank, out of Chicago, Illinois. The loan was granted and they received $800,000 to help grow their Lake Zurich, Illinois business.

SBA Loan Borrower

COMPANY TYPE: PRINTING MACHINERY AND EQUIPMENT MANUFACTURING
LAKE ZURICH, IL 60047

SBA Loan Lender

LASALLE BANK
3201 N ASHLAND AVE
CHICAGO, IL 60657

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

333293 - Printing Machinery and Equipment Manufacturing

Loan Approval Date

9/10/2002

Loan Approval Gross Amount

$800,000

Loan Approval from the SBA

Of the total $800,000 loan amount, the SBA guaranteed $720,000.

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 38 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your 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.

We can help you find the best banks for small businesses in Lake Zurich 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.

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