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May 17, 2024 |
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| Home > Small Business Lenders by State > Washington Business Loan Sources > Mattawa, Business Loans > Bank Of Whitman Mattawa Business Loans > Newspaper Publishers Loan | ||||
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Washington Small Business Funding
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Where to Get Capital for Newspaper PublishersLooking for small business loans for newspaper publishers? Try the SBA. This $77,000 newspaper publishers loan was issued by a Washington bank. This company knew how to go about getting a business bank loan. Based in Royal, Washington, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bank Of Whitman, based in Mattawa, Washington. SBA Loan Borrower COMPANY TYPE: NEWSPAPER PUBLISHERS SBA Loan Lender BANK OF WHITMAN 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 511110 - Newspaper Publishers Loan Approval Date 6/21/2002 Loan Approval Gross Amount $77,000 Loan Approval from the SBA Of the total $77,000 loan amount, the SBA guaranteed $65,450. 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 only one employee. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Obtaining Funding From a Venture Capitalist SBA 7A Banks for Mattawa, Washington Loans SBA Participating Banks in Washington
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