How to Get a Loan for Newspaper Publishers

With these business loans for newspaper publishers, the SBA guarantees the lender that the loan will be repaid. This newspaper publishers loan for $504,600 was given to a North Dakota entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rolla, North Dakota was able to borrow $504,600 from Bremer Bank. The SBA made the loan possible by guaranteeing $378,450 of this North Dakota small business loan.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER
ROLLA, ND 58267

SBA Loan Lender

BREMER BANK
105 3RD ST SW
RUGBY, ND 58368

This SBA small business 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.

SIC Code

2711 - Newspaper

NAICS Code

511110 - Newspaper Publishers

Loan Approval Date

9/27/2005

Loan Approval Gross Amount

$504,600

Loan Approval from the SBA

Of the total $504,600 loan amount, the SBA guaranteed $378,450.

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 19 employees. The SBA loan application for the borrower did not indicate that the company planned to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $504,600 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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