Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Banks in Ohio

 

 
Loan Census SBA Loan Info

Small Business Loans for Podiatrists

Looking for small business loans for podiatrists? Talk to a banker who works with the SBA. This $1,774,000 podiatrists loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Ohio was able to borrow $1,774,000 from The Huntington National Bank. The SBA made the loan possible by guaranteeing $1,330,500 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: PODIATRISTS
Columbus, OH 43227

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
220 MARKET AVE SOUTH, UNITED
CANTON, OH 44702

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621391 - Podiatrists

Loan Approval Date

9/27/2005

Loan Approval Gross Amount

$1,774,000

Loan Approval from the SBA

Of the total $1,774,000 loan amount, the SBA guaranteed $1,330,500.

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 60 employees. The SBA loan documents did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? 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.

Related Links:

Obtaining Funding - Friends and Family

SBA Approved Banks in Canton, Ohio

SBA Ohio Banks