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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Lancaster, Business Loans > Fairfield National Bank A Division Lancaster Business Loans > Mail Boxes, Etc. Loan | ||||
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Good Banks for Canal Winchester Business Owners
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Canal Winchester, OH Entrepreneur Gets SBA Loan to Buy Mail Boxes Etc. Usa FranchiseNeed a loan to purchase a Mail Boxes Etc. Usa franchise? Fairfield National Bank A Division has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Canal Winchester, Ohio needed money to invest in a Mail Boxes Etc. Usa franchise back in 2000. Fairfield National Bank A Division issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower MAIL BOXES, ETC. SBA Loan Lender FAIRFIELD NATIONAL BANK A DIVISION This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7389 - Business Services Loan Approval Date 7/13/2000 Loan Approval Gross Amount $45,000 Loan Approval from the SBA Of the total $45,000 loan amount, the SBA guaranteed $36,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Mail Boxes Etc. Usa franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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:
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