Loan to Buy Little Professor Book Center Franchise Issued By Farmers & Savings Bank A Divis

Need money to buy a Little Professor Book Center franchise? Farmers & Savings Bank A Divis has a history of making these loans and they are guaranteed by the SBA.

Little Professor Book Center franchise loans are available to Ashland, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Farmers & Savings Bank A Divis, based in Loudonville, Ohio, issued an SBA franchise loan for a Little Professor Book Center franchise in 2004. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

LITTLE PROFESSOR BOOK CENTER
ASHLAND, OH 44805

SBA Loan Lender

FARMERS & SAVINGS BANK A DIVIS
120 N WATER ST
LOUDONVILLE, OH 44842

This SBA small 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.

NAICS Code

451211 - Book Stores

Loan Approval Date

8/25/2004

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Little Professor Book Center 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 add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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:

Business Credit Evaluation

Small Bank Loans in Loudonville, Ohio

Getting an SBA Loan in Ohio