Entrepreneur Works With Cincinnati, Ohio Bank to Get an SBA Loan
Get to know Cincinnati, Ohio banks that specialize in SBA loans and know how to work with entrepreneurs. Fifth Third Bank is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Dayton, Ohio starts with an understanding of who else has gotten loans in the area. In this case, a local small business received funding from Fifth Third Bank. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: SHOE STORES
DAYTON, OH 45406
SBA Loan Lender
FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263
This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
448210 - Shoe Stores
Loan Approval Date
9/7/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
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 4 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a company in Dayton OH, you ought to talk with a local Dayton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dayton businesses.
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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