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November 14, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Salineville, Business Loans > The Huntington National Bank Salineville Business Loans > Rv Parks And Campgrounds Loan | ||||
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Raising Money in Archbold, Ohio With SBA Loans
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Growing Company Gets an Ohio Business LoanSearching for an Ohio bank loan? This Ohio entrepreneur got a bank loan, provided by an Ohio bank that works with the SBA to help small business owners. Getting a small business loan in Archbold, Ohio was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: RV PARKS AND CAMPGROUNDS SBA Loan Lender THE HUNTINGTON NATIONAL BANK This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 721211 - RV Parks and Campgrounds Loan Approval Date 9/8/2005 Loan Approval Gross Amount $80,000 Loan Approval from the SBA Of the total $80,000 loan amount, the SBA guaranteed $40,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. 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: Best Banks for Small Business in Salineville, Ohio
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