Banc One National Retail Group SBA Loan to Transportation Equipment Company

Banc One National Retail Group and the SBA work together to get business loans for growing small businesses. Here's an example of how a Wisconsin entrepreneur was able to get a loan to take a small business to the next level.

This business knew how to go about getting a business bank loan. Based in Brookfield, Wisconsin, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Banc One National Retail Group, based in Columbus, Ohio.

SBA Loan Borrower

COMPANY TYPE: TRANSPORTATION EQUIPMENT
BROOKFIELD, WI 53008

SBA Loan Lender

BANC ONE NATIONAL RETAIL GROUP
1111 POLARIS PKWY, STE A2
COLUMBUS, OH 43271

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide small 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

3799 - Transportation Equipment

NAICS Code

336999 - Transportation Equipment Manufacturing

Loan Approval Date

12/12/2002

Loan Approval Gross Amount

$230,400

Loan Approval from the SBA

Of the total $230,400 loan amount, the SBA guaranteed $172,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. The loan application did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Banc One National Retail Group had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Banc One National Retail Group made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Small Business Credit Cards

SBA Participating Banks in Columbus, Ohio

Where to Get an SBA Loan Ohio