Financing for Commercial Lithographic Printing

Looking for loans for commercial lithographic printing? Try the SBA. This $74,000 commercial lithographic printing loan was issued by an Iowa bank.

This small firm knew how to go about getting a business bank loan. Based in Ft. Madison, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Fort Madison Bank & Trust Co., based in Fort Madison, Iowa.

SBA Loan Borrower

COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
FT. MADISON, IA 52627

SBA Loan Lender

FORT MADISON BANK & TRUST CO.
636 AVE G
FORT MADISON, IA 52627

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring 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

2752 - Lithographic Commercial Printing

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

4/28/2000

Loan Approval Gross Amount

$74,000

Loan Approval from the SBA

Of the total $74,000 loan amount, the SBA guaranteed $59,200.

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 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Ft. Madison IA, you ought to talk with a local Ft. Madison SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ft. Madison businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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