Bank Loans for Commercial Printing
With these bank loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $65,000 was given to a Texas entrepreneur in 2004.
Azure Imaging And Printing received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Jpmorgan Chase Bank, out of Houston, Texas. The loan was granted and they received $65,000 to help grow their Austin, Texas business.
SBA Loan Borrower
AZURE IMAGING AND PRINTING
8906 WALL ST #601
AUSTIN, TX 78754
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This SBA 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
323119 - Other Commercial Printing
Loan Approval Date
3/15/2004
Loan Approval Gross Amount
$65,000
Loan Approval from the SBA
Of the total $65,000 loan amount, the SBA guaranteed $32,500.
More Information on This SBA Loan
The borrower, Azure Imaging And Printing, borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job. This loan was paid in full, and was closed out on 1/4/2007.
Next Steps for Getting an SBA Loan
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Azure Imaging And Printing recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Realistic Debt Financing Options
Best Banks for Small Business in Houston, Texas
Getting an SBA Loan in Texas
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