Where to Get Capital for Commercial Printing
Looking for SBA loans for commercial printing? Talk to a banker who works with the SBA. This $577,000 commercial printing loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $577,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $432,750 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
PHOENIX, AZ 85019
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
4/3/2003
Loan Approval Gross Amount
$577,000
Loan Approval from the SBA
Of the total $577,000 loan amount, the SBA guaranteed $432,750.
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 16 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 14 existing jobs.
Getting an SBA Loan For Your Business
Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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