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November 25, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Beer And Ale Merchant Wholesalers Loan | ||||
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SBA Lenders for Small Businesses in Ohio
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U.S. Bank National Association Gives Small Business Loan to Beer And Ale Merchant Wholesalers CompanyOhioBank loans are available to Ohio firms through the SBA. In this case, an Ohio bank provides the loan. You can learn something about getting a small business loan in Cincinnati, Ohio by studying this loan to a local company, made back in 2007. Banks like U.S. Bank National Association may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: BEER AND ALE MERCHANT WHOLESALERS SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 424810 - Beer and Ale Merchant Wholesalers Loan Approval Date 1/22/2007 Loan Approval Gross Amount $102,300 Loan Approval from the SBA Of the total $102,300 loan amount, the SBA guaranteed $51,150. 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 18 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 20 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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:
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