How to Get a Loan for Commercial Printing
With these business loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $529,700 was given to a Florida entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pensacola, Florida was able to borrow $529,700 from Bank Of Pensacola. The SBA made the loan possible by guaranteeing $397,275 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
PENSACOLA, FL 32501
SBA Loan Lender
BANK OF PENSACOLA
125 W ROMANA ST
PENSACOLA, FL 32502
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
4/2/2004
Loan Approval Gross Amount
$529,700
Loan Approval from the SBA
Of the total $529,700 loan amount, the SBA guaranteed $397,275.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 10 employees. The SBA loan application for the borrower indicated that the loan would help retain 10 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bank Of Pensacola and they will explain how you can get an SBA loan for your company.
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:
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Where to Get an SBA Loan in Pensacola, Florida
SBA Florida Lenders