Commercial Loans for Quick Printing
With these commercial loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $272,000 was given to a Virginia entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Roanoke, Virginia was able to borrow $272,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $204,000 of this Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: QUICK PRINTING
Roanoke, VA 24016
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
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
323114 - Quick Printing
Loan Approval Date
5/15/2007
Loan Approval Gross Amount
$272,000
Loan Approval from the SBA
Of the total $272,000 loan amount, the SBA guaranteed $204,000.
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 3 employees. The SBA loan application for the borrower indicated that the loan would help 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.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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