Loans for Quick Printing
With these loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $266,350 was given to a Kansas entrepreneur in 2004.
Getting a small business loan in Parsons, Kansas was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Labette Bank, operating out of Parsons, Kansas. Here are the details on this Kansas small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
PARSONS, KS 67357
SBA Loan Lender
LABETTE BANK
506 EAST MAIN
PARSONS, KS 67357
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2759 - Commercial Printing
NAICS Code
323114 - Quick Printing
Loan Approval Date
12/30/2004
Loan Approval Gross Amount
$266,350
Loan Approval from the SBA
Of the total $266,350 loan amount, the SBA guaranteed $199,763.
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 documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My 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.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Labette Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Dealing With Venture Capitalists
Find an SBA Lender in Parsons, Kansas
Kansas SBA 7A Banks