Getting an SBA Loan for Book Publishers

Looking for business loans for book publishers? An SBA loan may be just what you've been looking for. This $644,443 book publishers loan was issued by a Connecticut bank.

Getting a small business loan in Waterbury, Connecticut was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Td Banknorth, operating out of Waterbury, Connecticut. Here are the details on this Connecticut small business loan.

SBA Loan Borrower

COMPANY TYPE: BOOK PUBLISHING
WATERBURY, CT 06705

SBA Loan Lender

TD BANKNORTH
2 W MAIN ST
WATERBURY, CT 06702

This lender issued this commercial loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2731 - Book Publishing

NAICS Code

511130 - Book Publishers

Loan Approval Date

5/31/2001

Loan Approval Gross Amount

$644,443

Loan Approval from the SBA

Of the total $644,443 loan amount, the SBA guaranteed $483,332.

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 30 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Td Banknorth 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:

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SBA Approved Banks in Waterbury, Connecticut

Where to Get an SBA Loan Connecticut