Business Loans for Book, Periodical, and Newspaper Wholesalers
Looking for business loans for book, periodical, and newspaper wholesalers? Try the SBA. This $50,000 book, periodical, and newspaper wholesalers loan was issued by a Colorado bank.
This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of Denver, Colorado. The loan was granted and they received $50,000 to help grow their Littleton, Colorado business.
SBA Loan Borrower
COMPANY TYPE: BOOKS, PERIODICALS, AND NEWSPAPERS
LITTLETON, CO 80122
SBA Loan Lender
WELLS FARGO BANK
1740 BROADWAY
DENVER, CO 80290
The lender provided this commercial 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.
SIC Code
5192 - Books, Periodicals, and Newspapers
NAICS Code
422920 - Book, Periodical, and Newspaper Wholesalers
Loan Approval Date
7/26/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:
Financing Your Business
Small Bank Loans in Denver, Colorado
SBA Colorado Banks