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May 19, 2024  
 
 
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Farmers Bank Frankfort Indian SBA 7A Loans

 

 
Loan Census SBA Loan Info

Newspaper Publishers Small Business Loans

Looking for small business loans for newspaper publishers? The SBA may be the answer. This $35,000 newspaper publishers loan was issued by an Indiana bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Farmers Bank Frankfort Indian, out of Lebanon, Indiana. The loan was granted and they received $35,000 to help grow their Lebanon, Indiana business.

SBA Loan Borrower

COMPANY TYPE: NEWSPAPER PUBLISHERS
LEBANON, IN 46052

SBA Loan Lender

FARMERS BANK FRANKFORT INDIAN
2304 N LEBANON ST
LEBANON, IN 46052

This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

511110 - Newspaper Publishers

Loan Approval Date

11/9/2004

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $29,750.

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 3 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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.

Related Links:

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SBA Banks in Lebanon, Indiana

SBA Participating Banks in Indiana