Local Business Gets an Ohio Bank Loan
OhioBusiness loans are available to Ohio business owners through the SBA. In this case, an Ohio bank provides the loan.
Getting a small business loan in Concinati, Ohio was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from National City Bank. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: TITLE ABSTRACT OFFICES
CONCINATI, OH 45242
SBA Loan Lender
NATIONAL CITY BANK
1 E FOURTH ST
CINCINNATI, OH 45202
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
6541 - Title Abstract Offices
NAICS Code
541191 - Title Abstract and Settlement Offices
Loan Approval Date
8/10/2000
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $40,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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