Raising Money for Newspaper Publishers

Looking for business loans for newspaper publishers? Talk to a banker who works with the SBA. This $418,700 newspaper publishers loan was issued by a Nebraska bank.

Getting a small business loan in Omaha, Nebraska was important for this small business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Security National Bank, operating out of Laurel, Nebraska. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER
OMAHA, NE 68134

SBA Loan Lender

SECURITY NATIONAL BANK
202 E 2ND ST
LAUREL, NE 68745

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2711 - Newspaper

NAICS Code

511110 - Newspaper Publishers

Loan Approval Date

1/4/2005

Loan Approval Gross Amount

$418,700

Loan Approval from the SBA

Of the total $418,700 loan amount, the SBA guaranteed $314,025.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 26 employees. The loan application did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Security National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Family and Friend Investors - Your First Financiers

SBA Participating Banks in Laurel, Nebraska

SBA Nebraska Lenders