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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Salineville, Business Loans > The Huntington National Bank Salineville Business Loans > Mavpdv, Inc. Loan | ||||
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Small Business Banks for Boardman Businesses
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The Huntington National Bank Provides SBA Loan to Buy Cold Stone Creamery FranchiseNeed a loan to purchase a Cold Stone Creamery franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Boardman, Ohio needed money to invest in a Cold Stone Creamery franchise back in 2004. The Huntington National Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower MAVPDV, INC. SBA Loan Lender THE HUNTINGTON NATIONAL BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 5/11/2004 Loan Approval Gross Amount $273,000 Loan Approval from the SBA Of the total $273,000 loan amount, the SBA guaranteed $204,750. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cold Stone Creamery franchise. At the time of the loan, the company had 22 employees. The loan application indicated that the loan would help generate 20 new jobs and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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: Advice on Getting a Small Business Loan
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