Borrowing Money for Book Publishers
With these loans for book publishers, the SBA guarantees the lender that the loan will be repaid. This book publishers loan for $25,000 was given to a New Hampshire entrepreneur in 2003.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Connecticut River Bank National As, out of Springfield, Vermont. The loan was granted and they received $25,000 to help grow their Littleton (census Name For Lit, New Hampshire business.
SBA Loan Borrower
COMPANY TYPE: BOOK PUBLISHERS
LITTLETON (CENSUS NAME FOR LIT, NH 03561
SBA Loan Lender
CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156
The lender provided this SBA small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
511130 - Book Publishers
Loan Approval Date
6/11/2003
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
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 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Connecticut River Bank National As that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Obtaining Funding - Getting Venture Capital
Find an SBA Lender in Springfield, Vermont
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