Financing for Commercial Lithographic Printing
With these loans for commercial lithographic printing, the SBA guarantees the lender that the loan will be repaid. This commercial lithographic printing loan for $1,650,000 was given to a New Jersey entrepreneur in 2006.
This small firm knew how to go about getting a business bank loan. Based in Mahwah, New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Sun National Bank, based in Vineland, New Jersey.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
MAHWAH, NJ 07430
SBA Loan Lender
SUN NATIONAL BANK
226 LANDIS AVE
VINELAND, NJ 08360
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
323110 - Commercial Lithographic Printing
Loan Approval Date
6/7/2006
Loan Approval Gross Amount
$1,650,000
Loan Approval from the SBA
Of the total $1,650,000 loan amount, the SBA guaranteed $1,237,500.
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 40 employees. The loan application indicated that the loan would help retain 40 existing jobs.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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