North Side Bank & Trust Co. SBA Loan to Building Cleaning And Maintenance Services, N.E.C Company
North Side Bank & Trust Co. has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cincinnati, Ohio was able to borrow $20,000 from North Side Bank & Trust Co.. The SBA made the loan possible by guaranteeing $17,000 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: BUILDING CLEANING AND MAINTENANCE SERVICES, N.E.C
CINCINNATI, OH 45227
SBA Loan Lender
NORTH SIDE BANK & TRUST CO.
4125 HAMILTON AVE
CINCINNATI, OH 45223
This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7349 - Building Cleaning and Maintenance Services, N.E.C
NAICS Code
561790 - Services to Buildings and Dwellings
Loan Approval Date
11/25/2005
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $17,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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