Loans for Graphic Design Services
Looking for loans for graphic design services? Talk to a banker who works with the SBA. This $1,680,000 graphic design services loan was issued by a Missouri bank.
This company received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Commerce Bank, out of Kansas City, Missouri. The loan was granted and they received $1,680,000 to help grow their St Louis, Missouri business.
SBA Loan Borrower
COMPANY TYPE: GRAPHIC DESIGN SERVICES
St Louis, MO 63119
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541430 - Graphic Design Services
Loan Approval Date
1/18/2008
Loan Approval Gross Amount
$1,680,000
Loan Approval from the SBA
Of the total $1,680,000 loan amount, the SBA guaranteed $1,260,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 11 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $1,680,000 loan. Remember, where there is a will, there is a way!
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:
Angel Investors
Find an SBA Lender in Kansas City, Missouri
SBA Participating Banks in Missouri