Periodical Publishers SBA Loans

Looking for SBA loans for periodical publishers? The SBA may be the answer. This $75,000 periodical publishers loan was issued by a Pennsylvania bank.

This small business knew how to go about getting a business bank loan. Based in Slippery Rock, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was First National Bank - Pennsylvania, based in Slippery Rock, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: PERIODICALS PUBLISHING
SLIPPERY ROCK, PA 16057

SBA Loan Lender

FIRST NATIONAL BANK - PENNSYLVANIA
100 S MAIN ST
SLIPPERY ROCK, PA 16057

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2721 - Periodicals Publishing

NAICS Code

511120 - Periodical Publishers

Loan Approval Date

5/12/2000

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $60,000.

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 9 employees. The SBA loan application for the borrower did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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SBA Approved Banks in Slippery Rock, Pennsylvania

SBA Pennsylvania Banks