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May 3, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Sacramento, Business Loans > California Bank & Trust Sacramento Business Loans > Commercial Lithographic Printing Loan | ||||
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Palmdale, California Bank Loan
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Commercial Lithographic Printing Bank LoansWith these bank loans for commercial lithographic printing, the SBA guarantees the lender that the loan will be repaid. This commercial lithographic printing loan for $149,600 was given to a California entrepreneur in 2001. This small firm knew how to go about getting a business bank loan. Based in Palmdale, California, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was California Bank & Trust, based in Sacramento, California. SBA Loan Borrower COMPANY TYPE: COMMERCIAL LITHOGRAPHIC PRINTING SBA Loan Lender CALIFORNIA BANK & TRUST This lender issued this bank loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 323110 - Commercial Lithographic Printing Loan Approval Date 1/8/2001 Loan Approval Gross Amount $149,600 Loan Approval from the SBA Of the total $149,600 loan amount, the SBA guaranteed $112,200. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 6 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $149,600 loan. Remember, things become real when you believe you can achieve them! 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 Banks in Sacramento, California Browse All Business Loan Sources for California
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