Bank Loans for Book, Periodical, and Newspaper Wholesalers

Looking for bank loans for book, periodical, and newspaper wholesalers? Try the SBA. This $300,000 book, periodical, and newspaper wholesalers loan was issued by an Ohio bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Liberty Savings Bank, F.S.B., out of Wilmington, Ohio. The loan was granted and they received $300,000 to help grow their Miamisburg, Ohio business.

SBA Loan Borrower

COMPANY TYPE: BOOK, PERIODICAL, AND NEWSPAPER WHOLESALERS
MIAMISBURG, OH 45342

SBA Loan Lender

LIBERTY SAVINGS BANK, F.S.B.
2251 ROMBACH AVE
WILMINGTON, OH 45177

This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422920 - Book, Periodical, and Newspaper Wholesalers

Loan Approval Date

5/2/2006

Loan Approval Gross Amount

$300,000

Loan Approval from the SBA

Of the total $300,000 loan amount, the SBA guaranteed $225,000.

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 15 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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:

Business Cash Advances

Find an SBA Lender in Wilmington, Ohio

Ohio SBA Banks