Centerville, OH Entrepreneur Gets SBA Loan to Buy Frullati Cafe Franchise

Borrowing money to purchase a Frullati Cafe franchise? First Finan Bank has a history of making these loans and they are guaranteed by the SBA.

Frullati Cafe franchise loans are available to Centerville, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, First Finan Bank, based in Springboro, Ohio, issued an SBA franchise loan for a Frullati Cafe franchise in 2004. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

FRULLATI CAFE
CENTERVILLE, OH 45459

SBA Loan Lender

FIRST FINAN BANK
885 W CENTRAL AVE
SPRINGBORO, OH 45066

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

3/26/2004

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Frullati Cafe franchise. At the time of the loan, the company had 5 employees. The SBA loan documents did not indicate that the company planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need business start up money in Centerville OH, you ought to talk with a local Centerville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Centerville businesses.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First Finan Bank and they will explain how you can get an SBA loan for your company.

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:

Frullati Cafe & Bakery

Debt Financing

Small Bank Loans in Springboro, Ohio

Where to Get an SBA Loan Ohio