Cincinnati, OH Entrepreneur Gets SBA Loan to Buy Marble Slab Creamery Franchise
Need money to purchase a Marble Slab Creamery franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Cincinnati, Ohio and are interested in buying a Marble Slab Creamery franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by The Huntington National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
MACS OF GREATER CINCINNATI, INC. DBA MARBL
Cincinnati, OH 45236
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
722213 - Snack and Nonalcoholic Beverage Bars
Loan Approval Date
9/7/2006
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $60,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Marble Slab Creamery franchise. At the time of the loan, the company
had 12 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 12 existing jobs.
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SBA loans provide smart, affordable business financing for small businesses looking to expand.
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:
Marble Slab Creamery, Inc.
Bank Credit Lines
Banks in Columbus, Ohio
Ohio SBA Banks