Where to Get Capital for Accounting Services

With these small business loans for accounting services, the SBA guarantees the lender that the loan will be repaid. This accounting services loan for $20,000 was given to an Ohio entrepreneur in 2005.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cincinnati, Ohio was able to borrow $20,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $10,000 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: ACCOUNTING SERVICES
CINCINNATI, OH 45212

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

541219 - Accounting Services

Loan Approval Date

1/19/2005

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a company in Cincinnati OH, you ought to talk with a local Cincinnati SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cincinnati businesses.

We can help you find the best banks for small businesses in Cincinnati or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

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