Where to Get Capital for Quick Printing
Looking for small business loans for quick printing? An SBA loan may be just what you've been looking for. This $80,000 quick printing loan was issued by a Louisiana bank.
This small firm knew how to go about getting a business bank loan. Based in Melairie, Louisiana, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Capital One, based in Jefferson, Louisiana.
SBA Loan Borrower
COMPANY TYPE: QUICK PRINTING
MELAIRIE, LA 70005
SBA Loan Lender
CAPITAL ONE
1201 S CLEARVIEW PKWY, 1 EAST
JEFFERSON, LA 70121
This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with getting a loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323114 - Quick Printing
Loan Approval Date
12/12/2001
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $68,000.
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 3 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Capital One had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Capital One made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Advice on Getting a Small Business Loan
SBA 7A Banks in Jefferson, Louisiana
Louisiana SBA Bank Lenders