Book, Periodical, and Newspaper Merchant Wholesalers Business Loans

With these business loans for book, periodical, and newspaper merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This book, periodical, and newspaper merchant wholesalers loan for $175,100 was given to a California entrepreneur in 2008.

Getting a small business loan in Ventura, California was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Santa Clara Valley Bank National A, operating out of Santa Paula, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK, PERIODICAL, AND NEWSPAPER MERCHANT WHOLESALERS
VENTURA, CA 93003

SBA Loan Lender

SANTA CLARA VALLEY BANK NATIONAL A
901 E MAIN ST
SANTA PAULA, CA 93060

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424920 - Book, Periodical, and Newspaper Merchant Wholesalers

Loan Approval Date

2/8/2008

Loan Approval Gross Amount

$175,100

Loan Approval from the SBA

Of the total $175,100 loan amount, the SBA guaranteed $131,325.

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 38 employees. The loan application indicated that the loan would help generate 8 new jobs and retain 30 existing jobs.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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.

Related Links:

Getting a Small Business Loan

Best Banks in Santa Paula, California

SBA Lenders in California