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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cleveland, Business Loans > Fifth Third Bank Cleveland Business Loans > Cottman Transmission (elpl, Lt Loan | ||||
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How to Get SBA Loans in Cuyahoga Falls, Ohio
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Loan to Buy Cottman Transmission Franchise Issued By Fifth Third BankNeed a loan to buy a Cottman Transmission franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Cuyahoga Falls, Ohio needed money to invest in a Cottman Transmission franchise back in 2004. Fifth Third Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower COTTMAN TRANSMISSION (ELPL, LT SBA Loan Lender FIFTH THIRD BANK This lender issued this particular bank 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. NAICS Code 811113 - Automotive Transmission Repair Loan Approval Date 3/17/2004 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Cottman Transmission franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: A Company That Helps Entrepreneurs SBA 7A Banks in Cleveland, Ohio
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