Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Raising Money in Auburn, California With SBA Loans

 

 
Loan Census SBA Loan Info

California Entrepreneur Secures Financing to Buy Pip Printing Franchise

Need a loan to buy a Pip Printing franchise? Gold Country Bank has a history of making these loans and they are guaranteed by the SBA.

Pip Printing franchise loans are available to Auburn, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Gold Country Bank, based in Marysville, California, issued an SBA franchise loan for a Pip Printing franchise in 2003. We've got all the details on this California small business loan.

SBA Loan Borrower

PIP PRINTING 983
AUBURN, CA 95603

SBA Loan Lender

GOLD COUNTRY BANK
519 D ST
MARYSVILLE, CA 95901

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323119 - Commercial Printing

Loan Approval Date

6/17/2003

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Pip Printing franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the company promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Gold Country Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

PIP Printing & Document Services

Determining Proper Capital Structure for a Business

Small Bank Loans in Marysville, California

SBA Participating Banks in California