Business Loans for Commercial Printing
Looking for business loans for commercial printing? The SBA may be the answer. This $2,000,000 commercial printing loan was issued by a Texas bank.
Getting a small business loan in Lubbock, Texas was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from American State Bank, operating out of Lubbock, Texas. Here are the details on this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
LUBBOCK, TX 79424
SBA Loan Lender
AMERICAN STATE BANK
1401 AVE 'Q'
LUBBOCK, TX 79401
This SBA loan 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.
SIC Code
2759 - Commercial Printing
NAICS Code
323119 - Commercial Printing
Loan Approval Date
1/6/2005
Loan Approval Gross Amount
$2,000,000
Loan Approval from the SBA
Of the total $2,000,000 loan amount, the SBA guaranteed $1,000,000.
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 10 employees. The loan application did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
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've showcased information on this loan to let you know that businesses like yours 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:
Debt Financing
Banks in Lubbock, Texas
Getting an SBA Loan in Texas