Getting an SBA Loan for Book Publishers
With these SBA loans for book publishers, the SBA guarantees the lender that the loan will be repaid. This book publishers loan for $250,000 was given to an Indiana entrepreneur in 2003.
Getting a small business loan in Anderson, Indiana was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from National City Bank, operating out of Indianapolis, Indiana. Here are the details on this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: BOOK PUBLISHERS
ANDERSON, IN 46016
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
511130 - Book Publishers
Loan Approval Date
2/10/2003
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
More Information on This SBA Loan
The borrower 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 13 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 13 existing jobs.
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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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