Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Overgaard, Arizona Bank Loan

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Commercial Gravure Printing

Looking for commercial loans for commercial gravure printing? The SBA may be the answer. This $103,700 commercial gravure printing loan was issued by an Arizona bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Overgaard, Arizona was able to borrow $103,700 from Meridian Bank. The SBA made the loan possible by guaranteeing $88,145 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: GRAVURE COMMERCIAL PRINTING
OVERGAARD, AZ 85933

SBA Loan Lender

MERIDIAN BANK
2001 W WICKENBURG WAY
WICKENBURG, AZ 85390

This lender issued this business loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2754 - Gravure Commercial Printing

NAICS Code

323111 - Commercial Gravure Printing

Loan Approval Date

5/20/2003

Loan Approval Gross Amount

$103,700

Loan Approval from the SBA

Of the total $103,700 loan amount, the SBA guaranteed $88,145.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 6 employees. The SBA loan documents did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Meridian Bank 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:

Business Line of Credit

Small Bank Loans in Wickenburg, Arizona

Getting an SBA Loan in Arizona