How to Get a Loan for Manifold Business Forms Printing
With these commercial loans for manifold business forms printing, the SBA guarantees the lender that the loan will be repaid. This manifold business forms printing loan for $431,100 was given to a Florida entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tampa, Florida was able to borrow $431,100 from Cit Small Business Lending Corp. The SBA made the loan possible by guaranteeing $323,325 of this Florida small business loan.
SBA Loan Borrower
COMPANY TYPE: MANIFOLD BUSINESS FORMS PRINTING
TAMPA, FL 33624
SBA Loan Lender
CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039
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
323116 - Manifold Business Forms Printing
Loan Approval Date
4/15/2002
Loan Approval Gross Amount
$431,100
Loan Approval from the SBA
Of the total $431,100 loan amount, the SBA guaranteed $323,325.
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 4 employees. The SBA loan documents indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Cit Small Business Lending Corp so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Advice on Getting a Small Business Loan
Best Livingston, New Jersey Banks for Small Business
SBA Participating Banks in New Jersey