Borrowing Money for Publishers
Looking for bank loans for publishers? Try the SBA. This $361,000 publishers loan was issued by a California bank.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bank Of The West, out of San Francisco, California. The loan was granted and they received $361,000 to help grow their San Diego, California business.
SBA Loan Borrower
COMPANY TYPE: PUBLISHERS
SAN DIEGO, CA 92126
SBA Loan Lender
BANK OF THE WEST
180 MONTGOMERY ST
SAN FRANCISCO, CA 94104
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
511199 - Publishers
Loan Approval Date
12/23/2003
Loan Approval Gross Amount
$361,000
Loan Approval from the SBA
Of the total $361,000 loan amount, the SBA guaranteed $270,750.
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 75 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 75 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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