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April 23, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Warrenton, Business Loans > Sonabank, National Association Warrenton Business Loans > Book Publishers Loan | ||||
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Newburyport, Massachusetts Bank Loan
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Book Publishers Business LoansWith these business loans for book publishers, the SBA guarantees the lender that the loan will be repaid. This book publishers loan for $1,500,000 was given to a Massachusetts entrepreneur in 2007. This business knew how to go about getting a business bank loan. Based in Newburyport, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Sonabank, National Association, based in Warrenton, Virginia. SBA Loan Borrower COMPANY TYPE: BOOK PUBLISHERS SBA Loan Lender SONABANK, NATIONAL ASSOCIATION SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 511130 - Book Publishers Loan Approval Date 4/17/2007 Loan Approval Gross Amount $1,500,000 Loan Approval from the SBA Of the total $1,500,000 loan amount, the SBA guaranteed $1,125,000. 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 20 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 18 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. This SBA loan was for $1,500,000. How would you spend $1,500,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Where to Get an SBA Loan in Warrenton, Virginia Where to Get an SBA Loan Virginia
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