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May 17, 2024  
 
 
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Small Business Loans for Quick Printing

Looking for small business loans for quick printing? The SBA may be the answer. This $98,500 quick printing loan was issued by a Wisconsin bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with 1st National Bank - Bangor, out of West Salem, Wisconsin. The loan was granted and they received $98,500 to help grow their West Salem, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: PHOTOCOPYING AND DUPLICATING SERVICES
WEST SALEM, WI 54669

SBA Loan Lender

1ST NATIONAL BANK - BANGOR
975 W CITY HWY 16
WEST SALEM, WI 54669

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

7334 - Photocopying and Duplicating Services

NAICS Code

323114 - Quick Printing

Loan Approval Date

11/26/2001

Loan Approval Gross Amount

$98,500

Loan Approval from the SBA

Of the total $98,500 loan amount, the SBA guaranteed $83,725.

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 loan application did not indicate that the business promised to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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