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May 9, 2024 |
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| Home > Small Business Lenders by State > Wyoming Business Loan Sources > Buffalo, Business Loans > First National Bank Of Buffalo Buffalo Business Loans > Books, Periodicals, And Newspapers Loan | ||||
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Advice for Small Businesses On Getting a Loan
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Get an SBA Loan for Book, Periodical, and Newspaper WholesalersWith these small business loans for book, periodical, and newspaper wholesalers, the SBA guarantees the lender that the loan will be repaid. This book, periodical, and newspaper wholesalers loan for $440,000 was given to a Wyoming entrepreneur in 2000. This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First National Bank Of Buffalo, out of Buffalo, Wyoming. The loan was granted and they received $440,000 to help grow their Buffalo, Wyoming business. SBA Loan Borrower COMPANY TYPE: BOOKS, PERIODICALS, AND NEWSPAPERS SBA Loan Lender FIRST NATIONAL BANK OF BUFFALO The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide 7A business loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5192 - Books, Periodicals, and Newspapers NAICS Code 422920 - Book, Periodical, and Newspaper Wholesalers Loan Approval Date 2/25/2000 Loan Approval Gross Amount $440,000 Loan Approval from the SBA Of the total $440,000 loan amount, the SBA guaranteed $330,000. 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 31 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. We can help you find the best banks for small businesses in Buffalo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Small Bank Loans in Buffalo, Wyoming
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