Prepress Services Loans
With these loans for prepress services, the SBA guarantees the lender that the loan will be repaid. This prepress services loan for $50,000 was given to an Utah entrepreneur in 2001.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Sunfirst Bank, out of Saint George, Utah. The loan was granted and they received $50,000 to help grow their St. George, Utah business.
SBA Loan Borrower
COMPANY TYPE: PREPRESS SERVICES
ST. GEORGE, UT 84770
SBA Loan Lender
SUNFIRST BANK
120 E ST. GEORGE BLVD
SAINT GEORGE, UT 84770
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
323122 - Prepress Services
Loan Approval Date
9/4/2001
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 9 employees. This SBA loan request did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Sunfirst Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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