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.
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