Get an SBA Loan for Periodical Publishers

With these small business loans for periodical publishers, the SBA guarantees the lender that the loan will be repaid. This periodical publishers loan for $197,500 was given to an Iowa entrepreneur in 2003.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Guttenberg, Iowa was able to borrow $197,500 from Security State Bank. The SBA made the loan possible by guaranteeing $128,375 of this Iowa small business loan.

SBA Loan Borrower

COMPANY TYPE: PERIODICAL PUBLISHERS
GUTTENBERG, IA 52052

SBA Loan Lender

SECURITY STATE BANK
15 GOETHE ST
GUTTENBERG, IA 52052

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

10/15/2003

Loan Approval Gross Amount

$197,500

Loan Approval from the SBA

Of the total $197,500 loan amount, the SBA guaranteed $128,375.

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 11 employees. The loan application did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Small Business Credit Cards

SBA Approved Banks in Guttenberg, Iowa

SBA Iowa Lenders