How to Get a Loan for Commercial Lithographic Printing
With these SBA loans for commercial lithographic printing, the SBA guarantees the lender that the loan will be repaid. This commercial lithographic printing loan for $40,000 was given to a Michigan entrepreneur in 2005.
Getting a small business loan in Wyoming, Michigan was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Mercantile Bank Of Michigan, operating out of Grand Rapids, Michigan. Here are the details on this Michigan small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING
WYOMING, MI 49509
SBA Loan Lender
MERCANTILE BANK OF MICHIGAN
310 LEONARD ST NW
GRAND RAPIDS, MI 49504
This debt financing was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
323110 - Commercial Lithographic Printing
Loan Approval Date
11/9/2005
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
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 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $40,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Business Incubators
Where to Get an SBA Loan in Grand Rapids, Michigan
Michigan SBA Bank Lenders