Financing for Food Supplement Stores
With these loans for food supplement stores, the SBA guarantees the lender that the loan will be repaid. This food supplement stores loan for $260,000 was given to an Ohio entrepreneur in 2001.
This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Oak Hill Banks, out of Cincinnati, Ohio. The loan was granted and they received $260,000 to help grow their Cincinnati, Ohio business.
SBA Loan Borrower
COMPANY TYPE: FOOD STORES
CINCINNATI, OH 45242
SBA Loan Lender
OAK HILL BANKS
4811 COOPER RD
CINCINNATI, OH 45242
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5499 - Food Stores
NAICS Code
446191 - Food Supplement Stores
Loan Approval Date
11/7/2001
Loan Approval Gross Amount
$260,000
Loan Approval from the SBA
Of the total $260,000 loan amount, the SBA guaranteed $195,000.
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 4 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
This SBA loan was for $260,000. How would you spend $260,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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 Credit Evaluation
SBA 7A Banks for Cincinnati, Ohio Loans
Getting a Business Loan in Ohio