Getting an SBA Loan for Health and Personal Care Stores

Looking for business loans for health and personal care stores? Try the SBA. This $55,855 health and personal care stores loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cincinnati, Ohio was able to borrow $55,855 from Fifth Third Securities, Inc.. The SBA made the loan possible by guaranteeing $47,476 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: HEALTH AND PERSONAL CARE STORES
CINCINNATI, OH 45248

SBA Loan Lender

FIFTH THIRD SECURITIES, INC.
38 FOUNTAIN SQ PLAZA
CINCINNATI, OH 45263

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446199 - Health and Personal Care Stores

Loan Approval Date

9/13/2004

Loan Approval Gross Amount

$55,855

Loan Approval from the SBA

Of the total $55,855 loan amount, the SBA guaranteed $47,476.

More Information on This SBA Loan

The borrower borrowed this money for a new 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. This SBA loan request did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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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SBA Participating Banks in Cincinnati, Ohio

Where to Get an SBA Loan Ohio