Business Loan from First Bank Given to Commercial Printing Company

An SBA loan from First Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a San Francisco, California business owner got a $219,500 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Francisco, California was able to borrow $219,500 from First Bank. The SBA made the loan possible by guaranteeing $164,625 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
SAN FRANCISCO, CA 94103

SBA Loan Lender

FIRST BANK
11901 OLIVE BLVD
CREVE COEUR, MO 63141

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2759 - Commercial Printing

NAICS Code

323119 - Commercial Printing

Loan Approval Date

2/10/2000

Loan Approval Gross Amount

$219,500

Loan Approval from the SBA

Of the total $219,500 loan amount, the SBA guaranteed $164,625.

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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in San Francisco or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Debt Financing

SBA Approved Banks in Creve Coeur, Missouri

SBA Participating Banks in Missouri