Clothing Stores Bank Loans
Looking for bank loans for clothing stores? Try the SBA. This $15,000 clothing stores loan was issued by an Ohio bank.
This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Firstmerit Bank, out of Akron, Ohio. The loan was granted and they received $15,000 to help grow their Ashtabula, Ohio business.
SBA Loan Borrower
COMPANY TYPE: CLOTHING STORES
ASHTABULA, OH 44004
SBA Loan Lender
FIRSTMERIT BANK
3 CASCADE PLZ
AKRON, OH 44308
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
448190 - Clothing Stores
Loan Approval Date
8/10/2006
Loan Approval Gross Amount
$15,000
Loan Approval from the SBA
Of the total $15,000 loan amount, the SBA guaranteed $12,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 2 new jobs.
Next Steps for Getting an SBA Loan
If you have been wondering how do i get money to start a business in Ashtabula OH, you ought to talk with a local Ashtabula SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ashtabula businesses.
We can help you find the best banks for small businesses in Ashtabula or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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.
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