Get an SBA Loan for Prepress Services
With these small business loans for prepress services, the SBA guarantees the lender that the loan will be repaid. This prepress services loan for $130,000 was given to a New Jersey entrepreneur in 2001.
This company knew how to go about getting a business bank loan. Based in Piscataway (new Market), New Jersey, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Skylands Community Bank, based in Somerville, New Jersey.
SBA Loan Borrower
COMPANY TYPE: PREPRESS SERVICES
PISCATAWAY (NEW MARKET), NJ 08854
SBA Loan Lender
SKYLANDS COMMUNITY BANK
50 W END AVE
SOMERVILLE, NJ 08876
This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323122 - Prepress Services
Loan Approval Date
4/19/2001
Loan Approval Gross Amount
$130,000
Loan Approval from the SBA
Of the total $130,000 loan amount, the SBA guaranteed $110,500.
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 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
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.
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 Skylands Community Bank 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:
Debt Financing
Best Somerville, New Jersey Banks for Small Business
Getting an SBA Loan in New Jersey