Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

American Savings Bank, Fsb SBA Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Book Publishers

Looking for commercial loans for book publishers? The SBA may be the answer. This $40,000 book publishers loan was issued by a Hawaii bank.

This business knew how to go about getting a business bank loan. Based in Honolulu, Hawaii, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was American Savings Bank, Fsb, based in Honolulu, Hawaii.

SBA Loan Borrower

COMPANY TYPE: BOOK PUBLISHERS
HONOLULU, HI 96816

SBA Loan Lender

AMERICAN SAVINGS BANK, FSB
915 FORT STREET MALL, FINANCI
HONOLULU, HI 96813

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511130 - Book Publishers

Loan Approval Date

7/25/2005

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $34,000.

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 only one employee. The loan application did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like American Savings Bank, Fsb are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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