Financing for Graphic Design Services

Looking for commercial loans for graphic design services? The SBA may be the answer. This $132,400 graphic design services loan was issued by a North Carolina bank.

This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Newbridge Bank, out of Wilmington, North Carolina. The loan was granted and they received $132,400 to help grow their Wilmington, North Carolina business.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND ALLIED SERVICES
WILMINGTON, NC 28412

SBA Loan Lender

NEWBRIDGE BANK
704 S COLLEGE RD
WILMINGTON, NC 28403

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

8099 - Health and Allied Services

NAICS Code

541430 - Graphic Design Services

Loan Approval Date

8/1/2003

Loan Approval Gross Amount

$132,400

Loan Approval from the SBA

Of the total $132,400 loan amount, the SBA guaranteed $112,540.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Financing Your Business

Banks in Wilmington, North Carolina

Getting an SBA Loan in North Carolina