Get an SBA Loan for Commercial Printing
Looking for bank loans for commercial printing? The SBA may be the answer. This $105,000 commercial printing loan was issued by an Oregon bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Springfield, Oregon was able to borrow $105,000 from Siuslaw Bank. The SBA made the loan possible by guaranteeing $89,250 of this Oregon small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
SPRINGFIELD, OR 97477
SBA Loan Lender
SIUSLAW BANK
260 COUNTRY CLUB RD, STE 230
EUGENE, OR 97401
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program.
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
12/18/2001
Loan Approval Gross Amount
$105,000
Loan Approval from the SBA
Of the total $105,000 loan amount, the SBA guaranteed $89,250.
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 6 employees. The SBA loan application for the borrower 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?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Siuslaw Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Siuslaw Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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:
Business Line of Credit
Good Banks for Small Business in Eugene, Oregon
Getting an SBA Loan in Oregon