Small Business Loans for Administrative Management and General Management Consulting Services
Looking for small business loans for administrative management and general management consulting services? Try the SBA. This $250,000 administrative management and general management consulting services loan was issued by a Minnesota bank.
This company knew how to go about getting a business bank loan. Based in Beavercreek, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Key Community Bank, based in Inver Grove Heights, Minnesota.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
BEAVERCREEK, OH 45432
SBA Loan Lender
KEY COMMUNITY BANK
5684 BISHOP AVE
INVER GROVE HEIGHTS, MN 55076
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
8742 - Management Consulting Services
NAICS Code
541611 - Administrative Management and General Management Consulting Services
Loan Approval Date
1/26/2000
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 38 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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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