Raising Money for Book Publishers
Looking for bank loans for book publishers? The SBA may be the answer. This $13,300 book publishers loan was issued by a Massachusetts bank.
This company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Rbs Citizens, out of Boston, Massachusetts. The loan was granted and they received $13,300 to help grow their Lynn, Massachusetts business.
SBA Loan Borrower
COMPANY TYPE: BOOK PUBLISHERS
LYNN, MA 01901
SBA Loan Lender
RBS CITIZENS
28 STATE ST
BOSTON, MA 02109
The lender provided this debt financing 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
3/25/2004
Loan Approval Gross Amount
$13,300
Loan Approval from the SBA
Of the total $13,300 loan amount, the SBA guaranteed $6,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
How to Raise Money
SBA Banks in Boston, Massachusetts
SBA Participating Banks in Massachusetts