Financing for Commercial Printing
With these loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $120,000 was given to an Oklahoma entrepreneur in 2005.
Getting a small business loan in Oklahoma, Oklahoma was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Weokie Cu, operating out of Oklahoma City, Oklahoma. Here are the details on this Oklahoma small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
OKLAHOMA, OK 73112
SBA Loan Lender
WEOKIE CU
8100 W RENO
OKLAHOMA CITY, OK 73127
This was a Low Documentation SBA loan. The SBA launched this program to reduce 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. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
6/3/2005
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $102,000.
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 only one employee. The SBA loan documents did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.
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.
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