Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Warrior, Alabama and We Got One!

 

 
Loan Census SBA Loan Info

SBA Loans for Commercial Lithographic Printing

Looking for SBA loans for commercial lithographic printing? Talk to a banker who works with the SBA. This $450,000 commercial lithographic printing loan was issued by an Alabama bank.

This business knew how to go about getting a business bank loan. Based in Warrior, Alabama, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Superior Bank, based in Birmingham, Alabama.

SBA Loan Borrower

COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
WARRIOR, AL 35180

SBA Loan Lender

SUPERIOR BANK
17 N 20TH ST
BIRMINGHAM, AL 35203

This debt financing was financed by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2752 - Lithographic Commercial Printing

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

2/28/2002

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. The SBA loan documents did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My 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.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Superior Bank 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.

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