Get an SBA Loan for Commercial Printing
With these small business loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $150,000 was given to a Florida entrepreneur in 2001.
This company knew how to go about getting a business bank loan. Based in Miami, Florida, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Regions Bank, based in Memphis, Tennessee.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
MIAMI, FL 33122
SBA Loan Lender
REGIONS BANK
6200 POPLAR AVE
MEMPHIS, TN 38119
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
5/10/2001
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $75,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 32 employees. The SBA loan documents indicated that the loan would help retain 32 existing jobs.
Getting an SBA Loan For Your Business
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.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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 Lenders in Memphis, Tennessee
Tennessee SBA Bank Lenders