Periodical Publishers Small Business Loans
With these small business loans for periodical publishers, the SBA guarantees the lender that the loan will be repaid. This periodical publishers loan for $7,000 was given to a North Dakota entrepreneur in 2005.
This small firm knew how to go about getting a business bank loan. Based in Devils Lake, North Dakota, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Citizens Community Cu, based in Devils Lake, North Dakota.
SBA Loan Borrower
COMPANY TYPE: PERIODICAL PUBLISHERS
DEVILS LAKE, ND 58301
SBA Loan Lender
CITIZENS COMMUNITY CU
1117 HWY 2 SE
DEVILS LAKE, ND 58301
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
511120 - Periodical Publishers
Loan Approval Date
6/28/2005
Loan Approval Gross Amount
$7,000
Loan Approval from the SBA
Of the total $7,000 loan amount, the SBA guaranteed $3,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 6 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide money to small business owners for working capital for other expenses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to 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 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.
Related Links:
Business Line of Credit
Good Banks for Small Business in Devils Lake, North Dakota
SBA North Dakota Lenders