Loans for Commercial Printing
With these loans for commercial printing, the SBA guarantees the lender that the loan will be repaid. This commercial printing loan for $600,000 was given to a Florida entrepreneur in 2001.
Solo Printing Inc received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ge Cap. Small Business Finan Corp, out of St. Louis, Missouri. The loan was granted and they received $600,000 to help grow their Miami, Florida business.
SBA Loan Borrower
SOLO PRINTING INC
7860 NW 66TH STREET
MIAMI, FL 33166
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323119 - Other Commercial Printing
Loan Approval Date
11/26/2001
Loan Approval Gross Amount
$600,000
Loan Approval from the SBA
Of the total $600,000 loan amount, the SBA guaranteed $450,000.
More Information on This SBA Loan
The borrower, Solo Printing Inc, borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 55 employees. The SBA loan application for the borrower indicated that the loan would help retain 55 existing jobs. This loan was paid in full, and was closed out on 5/1/2007.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This SBA loan was for $600,000. How would you spend $600,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at Solo Printing Inc, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Dealing With Venture Capitalists
SBA Banks in St. Louis, Missouri
SBA Missouri Lenders
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