Getting an SBA Loan for Commercial Printing
With these commercial loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $36,500 was given to a Texas entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rowlett, Texas was able to borrow $36,500 from Community Bank. The SBA made the loan possible by guaranteeing $31,025 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
ROWLETT, TX 75088
SBA Loan Lender
COMMUNITY BANK
201 E KAUFMAN
ROCKWALL, TX 75087
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
4/2/2001
Loan Approval Gross Amount
$36,500
Loan Approval from the SBA
Of the total $36,500 loan amount, the SBA guaranteed $31,025.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Community 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.
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