Canton, Ohio Lender Lends Money to Converted Paper Product Manufacturing Company
Thinking about meeting with a Canton, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Canton bank, that was approved by the SBA.
Applying for an SBA loan with The Huntington National Bank worked out well for our friends at one local firm in Columbus, Ohio. They received an SBA loan for $100,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: CONVERTED PAPER PRODUCT MANUFACTURING
COLUMBUS, OH 43232
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
220 MARKET AVE SOUTH, UNITED
CANTON, OH 44702
This lender processed this SBA 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
322299 - Converted Paper Product Manufacturing
Loan Approval Date
9/18/2003
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $42,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 37 employees. This SBA loan request indicated that the loan would help retain 37 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 $100,000 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.
Related Links:
Role of Business Plan When Raising Money
Best Banks for Small Business in Canton, Ohio
Browse All Business Loan Sources for Ohio