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November 15, 2024  
 
 
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Sidney SBA Lenders

 

 
Loan Census SBA Loan Info

Sidney, Ohio Bank Lends Money to Beauty Salons Company in Beavercreek, Ohio

Thinking about meeting with a Sidney, Ohio bank about an SBA loan? Here's one Ohio business loan, issued by a Sidney bank, that was approved by the SBA.

Applying for an SBA loan with Mutual Fed. Savings Bank A Fed worked out well for our friends at one local firm in Beavercreek, Ohio. They received an SBA loan for $375,000. Nice!

SBA Loan Borrower

COMPANY TYPE: BEAUTY SALONS
BEAVERCREEK, OH 45440

SBA Loan Lender

MUTUAL FED. SAVINGS BANK A FED
121 S OHIO AVE
SIDNEY, OH 45365

This bank 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

812112 - Beauty Salons

Loan Approval Date

6/13/2006

Loan Approval Gross Amount

$375,000

Loan Approval from the SBA

Of the total $375,000 loan amount, the SBA guaranteed $281,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Mutual Fed. Savings Bank A Fed so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

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SBA Banks in Sidney, Ohio

Ohio SBA Bank Lenders