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December 20, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Solon, Business Loans > Park View Federal Savings Bank Solon Business Loans > Poured Concrete Foundation And Structure Contractors Loan | ||||
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SBA Loan from Park View Federal Savings Bank
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Park View Federal Savings Bank SBA Loan to Poured Concrete Foundation And Structure Contractors CompanyAn SBA loan from Park View Federal Savings Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Bedford Heights, Ohio business owner got a $65,000 loan. This small firm knew how to go about getting a business bank loan. Based in Bedford Heights, Ohio, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Park View Federal Savings Bank, based in Solon, Ohio. SBA Loan Borrower COMPANY TYPE: POURED CONCRETE FOUNDATION AND STRUCTURE CONTRACTORS SBA Loan Lender PARK VIEW FEDERAL SAVINGS BANK The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 238110 - Poured Concrete Foundation and Structure Contractors Loan Approval Date 2/1/2007 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $32,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Solon, Ohio Banks for Small Business
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