Get an SBA Loan for Commercial Printing

With these small business loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $100,000 was given to an Iowa entrepreneur in 2003.

This company knew how to go about getting a business bank loan. Based in Robins, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Cedar Rapids Bank & Trust, based in Cedar Rapids, Iowa.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
ROBINS, IA 52328

SBA Loan Lender

CEDAR RAPIDS BANK & TRUST
500 1ST AVE NE, STE 100
CEDAR RAPIDS, IA 52401

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

12/2/2003

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $100,000 loan. Remember, where there is a will, there is a way!

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:

Obtaining Funding From a Venture Capitalist

Best Banks in Cedar Rapids, Iowa

Getting a Business Loan in Iowa