Small Business Loans for Food Manufacturing

With these small business loans for food manufacturing, the SBA guarantees the lender that the loan will be repaid. This food manufacturing loan for $500,000 was given to an Ohio entrepreneur in 2004.

Getting a small business loan in Coshocton, Ohio was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Comm. & Savings Bank - Millersb, operating out of Millersburg, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: FOOD MANUFACTURING
COSHOCTON, OH 43812

SBA Loan Lender

COMM. & SAVINGS BANK - MILLERSB
91 N CLAY ST
MILLERSBURG, OH 44654

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide debt financing 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

311999 - Food Manufacturing

Loan Approval Date

1/21/2004

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 68 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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