Services Related to Advertising Commercial Loans
With these commercial loans for services related to advertising, the SBA guarantees the lender that the loan will be repaid. This services related to advertising loan for $250,000 was given to an Ohio entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Ohio was able to borrow $250,000 from Commerce National Bank. The SBA made the loan possible by guaranteeing $125,000 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: SERVICES RELATED TO ADVERTISING
COLUMBUS, OH 43228
SBA Loan Lender
COMMERCE NATIONAL BANK
3650 OLENTANGY RIVER RD, STE
COLUMBUS, OH 43214
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541890 - Services Related to Advertising
Loan Approval Date
1/9/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 22 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 22 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in Columbus or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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