Pharmacies and Drug Stores Business Loans

Looking for business loans for pharmacies and drug stores? The SBA may be the answer. This $175,000 pharmacies and drug stores loan was issued by an Ohio bank.

Getting a small business loan in Blanchester, Ohio was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from National Bank & Trust, operating out of Wilmington, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: DRUG STORES AND PROPRIETARY STORES
BLANCHESTER, OH 45107

SBA Loan Lender

NATIONAL BANK & TRUST
48 N SOUTH ST
WILMINGTON, OH 45177

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5912 - Drug Stores and Proprietary Stores

NAICS Code

446110 - Pharmacies and Drug Stores

Loan Approval Date

1/15/2004

Loan Approval Gross Amount

$175,000

Loan Approval from the SBA

Of the total $175,000 loan amount, the SBA guaranteed $131,250.

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 6 employees. The loan application did not indicate that the company planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you want money for new small business in Blanchester OH, you ought to talk with a local Blanchester SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Blanchester businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like National Bank & Trust that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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