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December 22, 2024  
 
 
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Business Loans for Souderton Businesses

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Commercial Flexographic Printing

Looking for commercial loans for commercial flexographic printing? An SBA loan may be just what you've been looking for. This $145,000 commercial flexographic printing loan was issued by a Pennsylvania bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Commerce Bank, out of Devon, Pennsylvania. The loan was granted and they received $145,000 to help grow their Souderton, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL FLEXOGRAPHIC PRINTING
SOUDERTON, PA 18964

SBA Loan Lender

COMMERCE BANK
200 LANCASTER AVE
DEVON, PA 19333

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

323112 - Commercial Flexographic Printing

Loan Approval Date

2/13/2003

Loan Approval Gross Amount

$145,000

Loan Approval from the SBA

Of the total $145,000 loan amount, the SBA guaranteed $108,750.

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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

Don't forget. To get an SBA loan, you must 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.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Commerce Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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 - Getting Venture Capital

Small Business Banks in Devon, Pennsylvania

SBA Pennsylvania Banks