Raising Money for Quick Printing

With these business loans for quick printing, the SBA guarantees the lender that the loan will be repaid. This quick printing loan for $90,000 was given to a Texas entrepreneur in 2001.

Getting a small business loan in Austin, Texas was important for Hill Country Printing back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Franklin Bank S.S.B., operating out of Houston, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

HILL COUNTRY PRINTING
2407-B S. CONGRESS AVENUE
AUSTIN, TX 78704

SBA Loan Lender

FRANKLIN BANK S.S.B.
9800 RICHMOND AVE, STE 680
HOUSTON, TX 77046

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

323114 - Quick Printing

Loan Approval Date

11/14/2001

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower, Hill Country Printing, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

If Hill Country Printing can get an SBA loan, there's no reason you can't 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 SBA loan database.

Related Links:

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