Small Business Loans for Digital Printing
With these small business loans for digital printing, the SBA guarantees the lender that the loan will be repaid. This digital printing loan for $1,406,000 was given to a Florida entrepreneur in 2005.
Getting a small business loan in Miami, Florida was important for Evolution Media Manufacturing back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Comerica Bank, operating out of Dallas, Texas. Here are the details on this Florida small business loan.
SBA Loan Borrower
EVOLUTION MEDIA MANUFACTURING
7359 NW 34TH ST
MIAMI, FL 33122
SBA Loan Lender
COMERICA BANK
1717 MAIN
DALLAS, TX 75201
At the time this loan was granted, the lender participated in the SBA's Certified Lenders Program (CLP). This program was created to ensure rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
2761 - Manifold Business Forms
NAICS Code
323115 - Digital Printing
Loan Approval Date
7/29/2005
Loan Approval Gross Amount
$1,406,000
Loan Approval from the SBA
Of the total $1,406,000 loan amount, the SBA guaranteed $1,054,500.
More Information on This SBA Loan
The borrower, Evolution Media Manufacturing, borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 25 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. Evolution Media Manufacturing 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:
Role of Business Plan When Raising Money
SBA 7A Banks in Dallas, Texas
SBA Texas Banks
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