Small Business Loans for Book Publishers
Looking for small business loans for book publishers? An SBA loan may be just what you've been looking for. This $535,000 book publishers loan was issued by a California bank.
Getting a small business loan in Moorpark, California was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from California Oaks State Bank, operating out of Thousand Oaks, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: BOOK PUBLISHERS
MOORPARK, CA 93021
SBA Loan Lender
CALIFORNIA OAKS STATE BANK
50 W HILLCREST DR
THOUSAND OAKS, CA 91360
This loan 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
511130 - Book Publishers
Loan Approval Date
1/29/2004
Loan Approval Gross Amount
$535,000
Loan Approval from the SBA
Of the total $535,000 loan amount, the SBA guaranteed $401,250.
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 25 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
There are SBA loan fees that may apply. SBA lenders must pay the SBA a guaranty fee of 1% to 3.5% of guaranteed amount. The SBA will also make the lender pay annual fees amounting to 0.25% of the loan's outstanding balance. The lender is allowed by law to pass these fees to the borrower.
Still, as most small businesses know, these fees are minimal compared to the potential of what capital can do for a business. So, what are you waiting for? Get in touch with an SBA lending bank today!
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 Thousand Oaks, California
California SBA 7A Banks