Raising Money for Publishers
With these bank loans for publishers, the SBA guarantees the lender that the loan will be repaid. This publishers loan for $29,700 was given to a Georgia entrepreneur in 2007.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Queensborough National Bank & Trust, out of Statesboro, Georgia. The loan was granted and they received $29,700 to help grow their Savannah, Georgia business.
SBA Loan Borrower
COMPANY TYPE: PUBLISHERS
SAVANNAH, GA 31401
SBA Loan Lender
QUEENSBOROUGH NATIONAL BANK & TRUST
120 S ZETTEROWER AVE
STATESBORO, GA 30458
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
511199 - Publishers
Loan Approval Date
12/13/2007
Loan Approval Gross Amount
$29,700
Loan Approval from the SBA
Of the total $29,700 loan amount, the SBA guaranteed $14,850.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $29,700 loan. Remember, where there is a will, there is a way!
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:
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Best Banks for Small Business in Statesboro, Georgia
Getting an SBA Loan in Georgia