Small Business Loans for Commercial Lithographic Printing
With these small business loans for commercial lithographic printing, the SBA guarantees the lender that the loan will be repaid. This commercial lithographic printing loan for $550,000 was given to a Texas entrepreneur in 2002.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Texas Heritage Bank, out of Cross Plains, Texas. The loan was granted and they received $550,000 to help grow their San Antonio, Texas business.
SBA Loan Borrower
COMPANY TYPE: LITHOGRAPHIC COMMERCIAL PRINTING
SAN ANTONIO, TX 78202
SBA Loan Lender
TEXAS HERITAGE BANK
101 N MAIN
CROSS PLAINS, TX 76443
This lender issued this business loan under the SBA 7A lending 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
2752 - Lithographic Commercial Printing
NAICS Code
323110 - Commercial Lithographic Printing
Loan Approval Date
4/18/2002
Loan Approval Gross Amount
$550,000
Loan Approval from the SBA
Of the total $550,000 loan amount, the SBA guaranteed $412,500.
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 12 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Texas Heritage Bank and they will explain how you can get an SBA loan for your company.
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:
Realistic Debt Financing Options
Banks in Cross Plains, Texas
Texas SBA 7A Lenders