Commercial Loans for Digital Printing

With these commercial loans for digital printing, the SBA guarantees the lender that the loan will be repaid. This digital printing loan for $1,406,000 was given to a Florida entrepreneur in 2005.

Getting a small business loan in Miami, Florida was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank, operating out of Dallas, Texas. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: MANIFOLD BUSINESS FORMS
MIAMI, FL 33122

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2761 - Manifold Business Forms

NAICS Code

323115 - Digital Printing

Loan Approval Date

7/29/2005

Loan Approval Gross Amount

$1,406,000

Loan Approval from the SBA

Of the total $1,406,000 loan amount, the SBA guaranteed $1,054,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 25 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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