Commercial Loans for Book Publishers
With these commercial loans for book publishers, the SBA guarantees the lender that the loan will be repaid. This book publishers loan for $700,000 was given to a Connecticut entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Ridgefield, Connecticut was able to borrow $700,000 from Fairfield County Bank Corp. The SBA made the loan possible by guaranteeing $525,000 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: BOOK PUBLISHERS
RIDGEFIELD, CT 06877
SBA Loan Lender
FAIRFIELD COUNTY BANK CORP
150 DANBURY RD
RIDGEFIELD, CT 06877
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 bank loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
511130 - Book Publishers
Loan Approval Date
10/10/2007
Loan Approval Gross Amount
$700,000
Loan Approval from the SBA
Of the total $700,000 loan amount, the SBA guaranteed $525,000.
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 25 employees. The SBA loan documents indicated that the loan would help retain 25 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Ridgefield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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