Financing 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 $276,000 was given to a Nevada entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $276,000 from Bank Of Nevada. The SBA made the loan possible by guaranteeing $207,000 of this Nevada small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
LAS VEGAS, NV 89102
SBA Loan Lender
BANK OF NEVADA
2700 W SAHARA AVE
LAS VEGAS, NV 89102
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
5/12/2005
Loan Approval Gross Amount
$276,000
Loan Approval from the SBA
Of the total $276,000 loan amount, the SBA guaranteed $207,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower did not indicate that the business promised to use the loan proceeds to add 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.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $276,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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