Quick Printing Bank Loans
With these bank loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $60,000 was given to a California entrepreneur in 2002.
This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Far East National Bank, out of Los Angeles, California. The loan was granted and they received $60,000 to help grow their Los Angeles, California business.
SBA Loan Borrower
COMPANY TYPE: QUICK PRINTING
LOS ANGELES, CA 90025
SBA Loan Lender
FAR EAST NATIONAL BANK
977 N BROADWAY
LOS ANGELES, CA 90012
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
323114 - Quick Printing
Loan Approval Date
8/27/2002
Loan Approval Gross Amount
$60,000
Loan Approval from the SBA
Of the total $60,000 loan amount, the SBA guaranteed $51,000.
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 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 $60,000 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.
Related Links:
The Art of Bootstrapping
SBA 7A Lenders in Los Angeles, California
SBA Lenders in California