Loans for Commercial Printing

With these loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $113,500 was given to a Washington entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Redmond, Washington was able to borrow $113,500 from Peoples Bank. The SBA made the loan possible by guaranteeing $96,475 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
REDMOND, WA 98052

SBA Loan Lender

PEOPLES BANK
418 GROVER ST
LYNDEN, WA 98264

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

11/30/2005

Loan Approval Gross Amount

$113,500

Loan Approval from the SBA

Of the total $113,500 loan amount, the SBA guaranteed $96,475.

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 12 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 12 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Peoples Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Microlending as a Small Business Funding Source

SBA 7A Lenders in Lynden, Washington

SBA Washington Banks