Business Loans for Commercial Printing
Looking for business loans for commercial printing? Try the SBA. This $800,001 commercial printing loan was issued by a Missouri bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Umb Bank, out of Kansas City, Missouri. The loan was granted and they received $800,001 to help grow their St. Louis, Missouri business.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PRINTING
ST. LOUIS, MO 63118
SBA Loan Lender
UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106
This lender issued this loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Commercial Printing
Loan Approval Date
1/10/2003
Loan Approval Gross Amount
$800,001
Loan Approval from the SBA
Of the total $800,001 loan amount, the SBA guaranteed $600,001.
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 23 employees. The SBA loan application for the borrower 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 make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Umb Bank and they will explain how you can get an SBA loan for your company.
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:
Accountant's Role in Securing Financing
Where to Get an SBA Loan in Kansas City, Missouri
Browse All Business Loan Sources for Missouri