Commercial Loans for Commercial Flexographic Printing

Looking for commercial loans for commercial flexographic printing? An SBA loan may be just what you've been looking for. This $250,000 commercial flexographic printing loan was issued by a Minnesota bank.

This small business knew how to go about getting a business bank loan. Based in Winsted, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Citizens St. Bank - Waverly (inc, based in Waverly, Minnesota.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL FLEXOGRAPHIC PRINTING
WINSTED, MN 55395

SBA Loan Lender

CITIZENS ST. BANK - WAVERLY (INC
609 PACIFIC AVE
WAVERLY, MN 55390

The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

323112 - Commercial Flexographic Printing

Loan Approval Date

9/2/2005

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $125,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 60 employees. The SBA loan application for the borrower indicated that the loan would help generate 20 new jobs and retain 10 existing jobs.

Next Steps for Getting an SBA Loan

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.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Citizens St. Bank - Waverly (inc are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Role of Business Plan When Raising Money

Where to Get an SBA Loan in Waverly, Minnesota

SBA Lenders in Minnesota