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November 14, 2024  
 
 
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What Does It Take to Get a Business Loan in Madison, Wisconsin?

 

 
Loan Census SBA Loan Info

How to Get a Loan for Newspaper Publishers

Looking for business loans for newspaper publishers? Try the SBA. This $25,000 newspaper publishers loan was issued by a Wisconsin bank.

This small business knew how to go about getting a business bank loan. Based in Madison, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Monona State Bank, based in Monona, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
MADISON, WI 53703

SBA Loan Lender

MONONA STATE BANK
5515 MONONA DR
MONONA, WI 53716

The lender provided this 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

511110 - Newspaper Publishers

Loan Approval Date

11/23/2005

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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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:

Determining Proper Capital Structure for a Business

Good Banks for Small Business in Monona, Wisconsin

Getting an SBA Loan in Wisconsin