Bank Loans for Digital Printing
Looking for bank loans for digital printing? Talk to a banker who works with the SBA. This $125,000 digital printing loan was issued by a Maryland bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Washington, District of Columbia was able to borrow $125,000 from Eaglebank. The SBA made the loan possible by guaranteeing $106,250 of this District of Columbia small business loan.
SBA Loan Borrower
COMPANY TYPE: DIGITAL PRINTING
WASHINGTON, DC 20007
SBA Loan Lender
EAGLEBANK
7815 WOODMONT AVE
BETHESDA, MD 20814
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323115 - Digital Printing
Loan Approval Date
8/4/2006
Loan Approval Gross Amount
$125,000
Loan Approval from the SBA
Of the total $125,000 loan amount, the SBA guaranteed $106,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Eaglebank 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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