Commercial Loans for Commercial Screen Printing

Looking for commercial loans for commercial screen printing? Try the SBA. This $32,000 commercial screen printing loan was issued by an Illinois bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springfield, Illinois was able to borrow $32,000 from Bank & Trust Company. The SBA made the loan possible by guaranteeing $27,200 of this Illinois small business loan.

SBA Loan Borrower

COMPANY TYPE: GIRLS', CHILDREN'S, AND INFANTS' OUTERWEAR
SPRINGFIELD, IL 62703

SBA Loan Lender

BANK & TRUST COMPANY
ILLINOIS RTE 4
CHATHAM, IL 62629

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2369 - Girls', Children's, and Infants' Outerwear

NAICS Code

323113 - Commercial Screen Printing

Loan Approval Date

5/14/2004

Loan Approval Gross Amount

$32,000

Loan Approval from the SBA

Of the total $32,000 loan amount, the SBA guaranteed $27,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 7 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 $32,000 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.

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