Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Small Business Banks for Sparks Businesses

 

 
Loan Census SBA Loan Info

Graphic Design Services Small Business Loans

Looking for small business loans for graphic design services? Talk to a banker who works with the SBA. This $45,000 graphic design services loan was issued by a Nevada bank.

Getting a small business loan in Sparks, Nevada was important for this growing firm back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Nevada Security Bank, operating out of Reno, Nevada. Here are the details on this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: GRAPHIC DESIGN SERVICES
SPARKS, NV 89431

SBA Loan Lender

NEVADA SECURITY BANK
3490 S VIRGINIA ST
RENO, NV 89502

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

10/17/2003

Loan Approval Gross Amount

$45,000

Loan Approval from the SBA

Of the total $45,000 loan amount, the SBA guaranteed $38,250.

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 8 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $45,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Approved Banks in Reno, Nevada

Nevada SBA Bank Lenders