Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Cincinnati Bank Loan

 

 
Loan Census SBA Loan Info

Cincinnati, Ohio Lender Lends Money to Glass And Glazing Contractors Company

Want to talk with a Cincinnati, Ohio bank about a small business loan? Here's one California business loan, issued by a Cincinnati bank, that was approved by the SBA.

Applying for an SBA loan with U.S. Bank National Association worked out well for our friends at one local company in Chatsworth, California. The business was able to get an SBA loan for $743,700. Awesome!

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
CHATSWORTH, CA 91311

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender provides SBA commercial loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238150 - Glass and Glazing Contractors

Loan Approval Date

3/12/2007

Loan Approval Gross Amount

$743,700

Loan Approval from the SBA

Of the total $743,700 loan amount, the SBA guaranteed $557,775.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 22 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 12 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you want money for start up 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:

Business Line of Credit

Best Banks in Cincinnati, Ohio

Find an SBA Lender in Ohio