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December 25, 2024  
 
 
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Raising Money in Cincinnati, Ohio With SBA Loans

 

 
Loan Census SBA Loan Info

Pnc Bank, National Association Gives Small Business Loan to Chiropractors Company

SBA loans in Ohio are hard to find these days. We take a look at one Ohio SBA loan, provided by a Pennsylvania bank, that was approved by the SBA.

Getting a small business loan in Cincinnati, Ohio was a top priority for this particular business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: CHIROPRACTORS
CINCINNATI, OH 45238

SBA Loan Lender

PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

621310 - Chiropractors

Loan Approval Date

1/15/2004

Loan Approval Gross Amount

$62,000

Loan Approval from the SBA

Of the total $62,000 loan amount, the SBA guaranteed $31,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Equity Financing

SBA Participating Banks in Pittsburgh, Pennsylvania

Find an SBA Lender in Pennsylvania