How to Get a Loan for Commercial Printing
Looking for business loans for commercial printing? An SBA loan may be just what you've been looking for. This $105,800 commercial printing loan was issued by a Michigan bank.
Getting a small business loan in Pinckney, Michigan was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank, operating out of Lansing, Michigan. Here are the details on this Michigan small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
PINCKNEY, MI 48169
SBA Loan Lender
CITIZENS BANK
2425 E GRAND RIVER AVE
LANSING, MI 48912
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
1/26/2006
Loan Approval Gross Amount
$105,800
Loan Approval from the SBA
Of the total $105,800 loan amount, the SBA guaranteed $89,930.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens 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:
Business Credit Evaluation
SBA Banks in Lansing, Michigan
Michigan SBA 7A Lenders