Get an SBA Loan for Publishers

With these loans for publishers, the SBA guarantees the lender that the loan will be repaid. This publishers loan for $93,810 was given to a Florida entrepreneur in 2002.

This company knew how to go about getting a business bank loan. Based in West Palm Beach, Florida, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was National City Bank, based in West Palm Beach, Florida.

SBA Loan Borrower

COMPANY TYPE: PUBLISHING
WEST PALM BEACH, FL 33417

SBA Loan Lender

NATIONAL CITY BANK
205 DATURA ST
WEST PALM BEACH, FL 33401

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2741 - Publishing

NAICS Code

511199 - Publishers

Loan Approval Date

3/5/2002

Loan Approval Gross Amount

$93,810

Loan Approval from the SBA

Of the total $93,810 loan amount, the SBA guaranteed $79,738.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 4 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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