Raising Money for Printing Machinery and Equipment Manufacturing
With these bank loans for printing machinery and equipment manufacturing, the SBA guarantees the lender that the loan will be repaid. This printing machinery and equipment manufacturing loan for $87,000 was given to a Washington entrepreneur in 2000.
Getting a small business loan in Tacoma, Washington was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Keybank National Association, operating out of Seattle, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: PRINTING TRADES MACHINERY AND EQUIPMENT
TACOMA, WA 98408
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
700 5TH AVE, STE 4700
SEATTLE, WA 98104
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.
SIC Code
3555 - Printing Trades Machinery and Equipment
NAICS Code
333293 - Printing Machinery and Equipment Manufacturing
Loan Approval Date
9/12/2000
Loan Approval Gross Amount
$87,000
Loan Approval from the SBA
Of the total $87,000 loan amount, the SBA guaranteed $69,600.
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 3 employees. The SBA loan documents did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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