Columbus, Ohio Lender Lends Money to Dentists Company
Thinking about meeting with a Columbus, Ohio bank about an SBA loan? Here's one Ohio 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 business in Avon, Ohio. The business was able to get an SBA loan for $40,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: DENTISTS
Avon, OH 44011
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
621210 - Dentists
Loan Approval Date
1/26/2007
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Avon OH, you ought to talk with a local Avon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Avon businesses.
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:
Family and Friend Investors - Your First Financiers
Small Business Banks in Columbus, Ohio
Getting an SBA Loan in Ohio