Loans for Quick Printing
Looking for loans for quick printing? An SBA loan may be just what you've been looking for. This $638,500 quick printing loan was issued by a California bank.
This small firm received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Pacific Cap. Bank, out of Santa Barbara, California. The loan was granted and they received $638,500 to help grow their Tempe, Arizona business.
SBA Loan Borrower
COMPANY TYPE: QUICK PRINTING
Tempe, AZ 85281
SBA Loan Lender
PACIFIC CAP. BANK
1021 ANACAPA ST
SANTA BARBARA, CA 93101
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323114 - Quick Printing
Loan Approval Date
1/25/2008
Loan Approval Gross Amount
$638,500
Loan Approval from the SBA
Of the total $638,500 loan amount, the SBA guaranteed $478,875.
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 7 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Pacific Cap. Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Pacific Cap. Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
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
Good Banks for Small Business in Santa Barbara, California
SBA California Banks