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April 29, 2024 |
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| Home > Small Business Lenders by State > New Mexico Business Loan Sources > Fort Worth, Business Loans > State National Bank Fort Worth Business Loans > Commercial Printing Loan | ||||
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Who Lends Money to Las Cruces Small Business Owners
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State National Bank Gives SBA Loan to Commercial Printing CompanySBA loans in New Mexico are hard to find these days. We take a look at one New Mexico SBA loan, provided by a Texas bank, that was approved by the SBA. You can learn something about getting a small business loan in Las Cruces, New Mexico by studying this loan to a local business, made back in 2005. Banks like State National Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL PRINTING SBA Loan Lender STATE NATIONAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 323119 - Commercial Printing Loan Approval Date 7/27/2005 Loan Approval Gross Amount $88,000 Loan Approval from the SBA Of the total $88,000 loan amount, the SBA guaranteed $44,000. 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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs. Getting an SBA Loan For Your Business Many small businesses receive loans backed by the U.S. Small Business Administration. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Best Banks for Small Business in Fort Worth, Texas
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