Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Naperville, Illinois Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Printing Ink Manufacturing

Looking for SBA loans for printing ink manufacturing? The SBA may be the answer. This $100,000 printing ink manufacturing loan was issued by an Illinois bank.

This business received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Harris National Association, out of Naperville, Illinois. The loan was granted and they received $100,000 to help grow their Naperville, Illinois business.

SBA Loan Borrower

COMPANY TYPE: PRINTING INK MANUFACTURING
NAPERVILLE, IL 60564

SBA Loan Lender

HARRIS NATIONAL ASSOCIATION
503 N WASHINGTON ST
NAPERVILLE, IL 60563

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

325910 - Printing Ink Manufacturing

Loan Approval Date

1/12/2005

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 only one employee. The loan application indicated that the borrowed money would help create 2 new jobs.

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 Harris National Association 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.

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