Livingston, New Jersey Lender Lends Money to Lithographic Commercial Printing Company
Thinking about meeting with a Livingston, New Jersey bank about an SBA loan? Here's one Texas business loan, issued by a Livingston bank, that was approved by the SBA.
Applying for an SBA loan with Cit Small Business Lending Corp worked out well for our friends at one local business in San Antonio, Texas. The business was able to get an SBA loan for $358,000. Great job!
SBA Loan Borrower
COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
SAN ANTONIO, TX 78202
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2752 - Lithographic Commercial Printing
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
7/1/2004
Loan Approval Gross Amount
$358,000
Loan Approval from the SBA
Of the total $358,000 loan amount, the SBA guaranteed $268,500.
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 12 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a small business or need money for an existing business, an SBA loan can be a great source of funding.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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