Business Loan from First Finan Bank Given to Manufacturing Company
First Finan Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Ohio entrepreneur was able to get a loan to take a small business to the next level.
Getting a small business loan in Dayton, Ohio was an essential business goal for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from First Finan Bank, operating out of Hamilton, Ohio. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
DAYTON, OH 45420
SBA Loan Lender
FIRST FINAN BANK
300 HIGH ST
HAMILTON, OH 45012
The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
339999 - Manufacturing
Loan Approval Date
11/7/2007
Loan Approval Gross Amount
$72,000
Loan Approval from the SBA
Of the total $72,000 loan amount, the SBA guaranteed $36,000.
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 15 employees. The loan application indicated that the funding would help generate 3 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
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.
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