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December 21, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Wilmington, Business Loans > Lehman Brothers Bank, Fsb Wilmington Business Loans > Services For The Elderly And Persons With Disabilities Loan | ||||
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Who Lends Money to Columbus Entrepreneurs
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Columbus, Ohio Entrepreneur Gets a Bank LoanOhioSmall business loans are available to Ohio small business owners through the SBA. In this case, a Delaware bank provides the loan. This small business, based in Columbus, Ohio, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Lehman Brothers Bank, Fsb. We've got the inside scoop on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: SERVICES FOR THE ELDERLY AND PERSONS WITH DISABILITIES SBA Loan Lender LEHMAN BROTHERS BANK, FSB This lender provides SBA guaranteed business 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 624120 - Services for the Elderly and Persons with Disabilities Loan Approval Date 5/12/2006 Loan Approval Gross Amount $414,000 Loan Approval from the SBA Of the total $414,000 loan amount, the SBA guaranteed $310,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 78 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 78 existing jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. This SBA loan was for $414,000. How would you spend $414,000 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: Best Wilmington, Delaware Banks for Small Business
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