SBA Loans for Periodical Publishers

Looking for SBA loans for periodical publishers? Talk to a banker who works with the SBA. This $150,000 periodical publishers loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Luis Obispo, California was able to borrow $150,000 from First Bank - San Luis Obispo A D. The SBA made the loan possible by guaranteeing $127,500 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: PERIODICAL PUBLISHERS
SAN LUIS OBISPO, CA 93401

SBA Loan Lender

FIRST BANK - SAN LUIS OBISPO A D
995 HIGUERA ST
SAN LUIS OBISPO, CA 93401

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

8/17/2004

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.

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

If you need business start up money in San Luis Obispo CA, you ought to talk with a local San Luis Obispo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Luis Obispo businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First Bank - San Luis Obispo A D that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Direct Public Offerings

Small Bank Loans in San Luis Obispo, California

Where to Get an SBA Loan California