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November 15, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Columbus, Business Loans > The Huntington National Bank Columbus Business Loans > Grocery Stores Loan | ||||
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Ohio SBA Lenders
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Entrepreneur Works With Columbus, Ohio Bank to Get an SBA LoanWant to talk with a Columbus, Ohio bank about a business loan? Here's one Kentucky business loan, issued by a Columbus bank, that was approved by the SBA. Applying for an SBA loan with The Huntington National Bank worked out well for our friends at one local company in Ashland, Kentucky. The business was able to get an SBA loan for $280,000. Awesome! SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender THE HUNTINGTON NATIONAL BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 11/6/2001 Loan Approval Gross Amount $280,000 Loan Approval from the SBA Of the total $280,000 loan amount, the SBA guaranteed $210,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 50 employees. The loan application did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source 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: SBA Participating Banks in Columbus, Ohio
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