How to Get a Loan for Graphic Design Services
Looking for business loans for graphic design services? The SBA may be the answer. This $99,000 graphic design services loan was issued by an Arizona bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mesa, Arizona was able to borrow $99,000 from National Bank Of Arizona. The SBA made the loan possible by guaranteeing $49,500 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL ART AND GRAPHIC DESIGN
MESA, AZ 85203
SBA Loan Lender
NATIONAL BANK OF ARIZONA
6001 N 24TH ST
PHOENIX, AZ 85016
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
7336 - Commercial Art and Graphic Design
NAICS Code
541430 - Graphic Design Services
Loan Approval Date
7/12/2000
Loan Approval Gross Amount
$99,000
Loan Approval from the SBA
Of the total $99,000 loan amount, the SBA guaranteed $49,500.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into National Bank Of Arizona and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Business Cash Advances
Small Business Banks in Phoenix, Arizona
SBA Arizona Lenders