Architectural Services Small Business Loans
Looking for small business loans for architectural services? The SBA may be the answer. This $260,000 architectural services loan was issued by an Ohio bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Ohio was able to borrow $260,000 from United Midwest Savings Bank. The SBA made the loan possible by guaranteeing $195,000 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: ARCHITECTURAL SERVICES
COLUMBUS, OH 43214
SBA Loan Lender
UNITED MIDWEST SAVINGS BANK
101 S MAIN ST
DE GRAFF, OH 43318
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541310 - Architectural Services
Loan Approval Date
10/3/2003
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 indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
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