How to Get a Loan for Database and Directory Publishers

With these SBA loans for database and directory publishers, the SBA guarantees the lender that the loan will be repaid. This database and directory publishers loan for $110,000 was given to a Pennsylvania entrepreneur in 2005.

Getting a small business loan in Dickson City, Pennsylvania was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Fidelity Deposit & Discount Bk, operating out of Dunmore, Pennsylvania. Here are the details on this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: DATABASE AND DIRECTORY PUBLISHERS
DICKSON CITY, PA 18519

SBA Loan Lender

FIDELITY DEPOSIT & DISCOUNT BK
DRINKER & BLAKELY STS
DUNMORE, PA 18512

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511140 - Database and Directory Publishers

Loan Approval Date

5/2/2005

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

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 18 employees. The SBA loan documents did not indicate that the company promised to use the money to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Fidelity Deposit & Discount Bk are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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

SBA Participating Banks in Dunmore, Pennsylvania

Getting an SBA Loan in Pennsylvania