Cleveland, OH Entrepreneur Gets SBA Loan to Buy Visiting Angels Franchise

Borrowing money to invest in a Visiting Angels franchise? Dollar Bank A Fed. Savings Bk has a history of making these loans and they are guaranteed by the SBA.

Visiting Angels franchise loans are available to Cleveland, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Dollar Bank A Fed. Savings Bk, based in Cleveland, Ohio, issued an SBA franchise loan for a Visiting Angels franchise in 2005. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

VISITING ANGELS
CLEVELAND, OH 44120

SBA Loan Lender

DOLLAR BANK A FED. SAVINGS BK
1301 E 9TH ST
CLEVELAND, OH 44114

This lender processed this small business 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

624120 - Services for the Elderly and Persons with Disabilities

Loan Approval Date

8/19/2005

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Visiting Angels franchise. At the time of the loan, the company had 30 employees. The loan application indicated that the loan would help retain 30 existing jobs.

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $25,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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Visiting Angels

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SBA Lenders in Ohio