Periodical Publishers Business Loans

With these business loans for periodical publishers, the SBA guarantees the lender that the loan will be repaid. This periodical publishers loan for $130,000 was given to a Hawaii entrepreneur in 2001.

This small business knew how to go about getting a business bank loan. Based in Kapolei, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Central Pacific Bank, based in Honolulu, Hawaii.

SBA Loan Borrower

COMPANY TYPE: BUSINESS SERVICES
KAPOLEI, HI 96709

SBA Loan Lender

CENTRAL PACIFIC BANK
960 MAPUNAPUNA ST
HONOLULU, HI 96819

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.

SIC Code

7389 - Business Services

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

2/12/2001

Loan Approval Gross Amount

$130,000

Loan Approval from the SBA

Of the total $130,000 loan amount, the SBA guaranteed $110,500.

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 4 employees. The loan application did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Central Pacific Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Central Pacific Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Understanding Dilution

Where to Get an SBA Loan in Honolulu, Hawaii

Hawaii SBA Banks