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December 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Youngstown, Business Loans > Home Savings & Loan Co - Youn Youngstown Business Loans > Clothing Stores Loan | ||||
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Home Savings & Loan Co - Youn SBA Loans
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Clothing Stores Small Business LoansLooking for small business loans for clothing stores? The SBA may be the answer. This $100,000 clothing stores loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cortland, Ohio was able to borrow $100,000 from Home Savings & Loan Co - Youn. The SBA made the loan possible by guaranteeing $85,000 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: CLOTHING STORES SBA Loan Lender HOME SAVINGS & LOAN CO - YOUN The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448190 - Clothing Stores Loan Approval Date 10/22/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. 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 4 employees. The loan application indicated that the borrowed money would help generate 4 new jobs. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Where to Get an SBA Loan in Youngstown, Ohio
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