Financing for Recyclable Material Wholesalers
Looking for commercial loans for recyclable material wholesalers? Talk to a banker who works with the SBA. This $1,184,000 recyclable material wholesalers loan was issued by an Ohio bank.
Getting a small business loan in Cleveland, Ohio was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank, operating out of Canton, Ohio. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: RECYCLABLE MATERIAL WHOLESALERS
CLEVELAND, OH 44134
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
220 MARKET AVE SOUTH, UNITED
CANTON, OH 44702
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
421930 - Recyclable Material Wholesalers
Loan Approval Date
6/15/2004
Loan Approval Gross Amount
$1,184,000
Loan Approval from the SBA
Of the total $1,184,000 loan amount, the SBA guaranteed $888,000.
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 8 employees. The loan application indicated that the funding would help create 12 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Huntington National Bank and they will explain how you can get an SBA loan for your company.
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:
Advice on Getting a Small Business Loan
Small Bank Loans in Canton, Ohio
SBA Lenders in Ohio