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April 24, 2024 |
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| Home > Small Business Lenders by State > Alaska Business Loan Sources > Fairbanks, Business Loans > Denali State Bank Fairbanks Business Loans > Television Broadcasting Loan | ||||
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Getting an SBA Loan in Fairbanks, Alaska
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Denali State Bank Gives Small Business Loan to Television Broadcasting CompanyBusiness loans in Alaska are hard to find these days. We take a look at one Alaska business loan, provided by an Alaska bank, that was approved by the SBA. This small business, based in Fairbanks, Alaska, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Denali State Bank. We've got the inside scoop on this Alaska small business loan. SBA Loan Borrower COMPANY TYPE: TELEVISION BROADCASTING SBA Loan Lender DENALI STATE BANK The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide 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. NAICS Code 515120 - Television Broadcasting Loan Approval Date 3/7/2007 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $262,500. More Information on This SBA Loan The borrower borrowed this money for an existing 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 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Accountant's Role in Securing Financing Best Banks for Small Business in Fairbanks, Alaska
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