Loan Census Banking News and Information
May 20, 2024  
 
 
  Business Loan Information  
 

Turnersville, New Jersey Bank Loan

 

 
Loan Census SBA Loan Info

SBA Loans for Commercial Screen Printing

Looking for SBA loans for commercial screen printing? An SBA loan may be just what you've been looking for. This $25,000 commercial screen printing loan was issued by a Pennsylvania bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Commerce Bank, out of Philadelphia, Pennsylvania. The loan was granted and they received $25,000 to help grow their Turnersville, New Jersey business.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL SCREEN PRINTING
TURNERSVILLE, NJ 08012

SBA Loan Lender

COMMERCE BANK
2005 MARKET ST
PHILADELPHIA, PA 19103

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

323113 - Commercial Screen Printing

Loan Approval Date

9/26/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Turnersville NJ, you ought to talk with a local Turnersville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Turnersville businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Commerce Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Financing Your Business

Small Bank Loans in Philadelphia, Pennsylvania

Pennsylvania SBA Bank Lenders