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November 25, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Instrument Manufacturing For Measuring And Testing Electric Devices Loan | ||||
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Banks in Cincinnati, Ohio That Make SBA Loans
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Cincinnati, Ohio Bank Lends Money to Instrument Manufacturing For Measuring And Testing Electric Devices Company in Columbus, OhioA Cincinnati, Ohio SBA loan can be yours. Learn how a company got a $1,260,000 business loan from this Ohio bank. This loan to an entrepreneur is a good example of an SBA loan. U.S. Bank National Association made the loan and the SBA guaranteed a portion of the loan. Many other Ohio entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: INSTRUMENT MANUFACTURING FOR MEASURING AND TESTING ELECTRIC DEVICES SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 334515 - Instrument Manufacturing for Measuring and Testing Electric Devices Loan Approval Date 6/25/2004 Loan Approval Gross Amount $1,260,000 Loan Approval from the SBA Of the total $1,260,000 loan amount, the SBA guaranteed $945,000. 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 55 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 45 existing jobs. Start the Process for Getting an SBA Loan Today! SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. This SBA loan was for $1,260,000. How would you spend $1,260,000 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. Related Links: Find an SBA Lender in Cincinnati, Ohio
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