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April 20, 2024  
 
 
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Loan Census SBA Loan Info

Cit Small Business Lending Corp Provides SBA Loan to Buy Signal Graphics Printing Franchise

Need a loan to invest in a Signal Graphics Printing franchise? Cit Small Business Lending Corp has a history of making these loans and they are guaranteed by the SBA.

Signal Graphics Printing franchise loans are available to Brookfield Center, Connecticut entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Cit Small Business Lending Corp, based in Livingston, New Jersey, issued an SBA franchise loan for a Signal Graphics Printing franchise in 2002. We've got all the details on this Connecticut small business loan.

SBA Loan Borrower

SIGNAL GRAPHICS
BROOKFIELD CENTER, CT 06804

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323110 - Commercial Lithographic Printing

Loan Approval Date

4/16/2002

Loan Approval Gross Amount

$167,300

Loan Approval from the SBA

Of the total $167,300 loan amount, the SBA guaranteed $125,475.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Signal Graphics Printing franchise. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the funding would help generate 3 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Cit Small Business Lending Corp 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:

Signal Graphics Business Center

Obtaining Funding - Getting Venture Capital

SBA Participating Banks in Livingston, New Jersey

SBA New Jersey Lenders