Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Requirements for Small Businesses On Getting a Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Digital Printing

Looking for SBA loans for digital printing? The SBA may be the answer. This $100,000 digital printing loan was issued by a Massachusetts bank.

This business knew how to go about getting a business bank loan. Based in Framingham, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Middlesex Savings Bank, based in Natick, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PRINTING
FRAMINGHAM, MA 01701

SBA Loan Lender

MIDDLESEX SAVINGS BANK
6 MAIN ST
NATICK, MA 01760

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.

SIC Code

2759 - Commercial Printing

NAICS Code

323115 - Digital Printing

Loan Approval Date

12/14/2000

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $80,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours 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.

Related Links:

Small Business Credit Cards

SBA Approved Banks in Natick, Massachusetts

Browse All Business Loan Sources for Massachusetts