Evansville, Indiana Bank Lends Money to Motor Vehicle Towing Company in Cincinnati, Ohio

Find Evansville, Indiana banks that specialize in SBA loans and know how to work with entrepreneurs. Integra Bank is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Cincinnati, Ohio starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Integra Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE TOWING
CINCINNATI, OH 45239

SBA Loan Lender

INTEGRA BANK
21 SE 3RD ST
EVANSVILLE, IN 47708

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

488410 - Motor Vehicle Towing

Loan Approval Date

12/29/2005

Loan Approval Gross Amount

$21,600

Loan Approval from the SBA

Of the total $21,600 loan amount, the SBA guaranteed $10,800.

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 6 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you need money to start business in Cincinnati OH, you ought to talk with a local Cincinnati SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cincinnati businesses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $21,600 loan. Remember, fight for what you want, and it will be yours!

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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