Where to Get Capital for Commercial Screen Printing
With these small business loans for commercial screen printing, the SBA guarantees the lender that the loan will be repaid. This commercial screen printing loan for $150,000 was given to a Virginia entrepreneur in 2002.
Getting a small business loan in Manassas, Virginia was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Cardinal Bank, operating out of Fairfax, Virginia. Here are the details on this Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE AND APPAREL TRIMMINGS
MANASSAS, VA 20109
SBA Loan Lender
CARDINAL BANK
10641 LEE HWY
FAIRFAX, VA 22030
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2396 - Automotive and Apparel Trimmings
NAICS Code
323113 - Commercial Screen Printing
Loan Approval Date
9/11/2002
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 46 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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:
Getting a Small Business Loan
SBA Approved Banks in Fairfax, Virginia
Virginia SBA Bank Lenders