Loans for Newspaper Publishers
Looking for loans for newspaper publishers? The SBA may be the answer. This $25,000 newspaper publishers loan was issued by an Oregon bank.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of The Cascades, out of Bend, Oregon. The loan was granted and they received $25,000 to help grow their Bend, Oregon business.
SBA Loan Borrower
COMPANY TYPE: NEWSPAPER PUBLISHERS
BEND, OR 97701
SBA Loan Lender
BANK OF THE CASCADES
1070 NW BEND
BEND, OR 97701
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
511110 - Newspaper Publishers
Loan Approval Date
6/9/2003
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $21,250.
More Information on This SBA Loan
The borrower 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 only one employee. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Bank Of The Cascades so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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Startup Funding Tip
Small Bank Loans in Bend, Oregon
Find an SBA Lender in Oregon