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November 14, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Brooklyn, Business Loans > Key Direct, A Branch Of Brooklyn Business Loans > Sporting Goods Stores Loan | ||||
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Ohio SBA Lenders
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Brooklyn, Ohio Lender Lends Money to Sporting Goods Stores CompanyA Brooklyn, Ohio SBA loan can be yours. Learn how one firm got a $1,136,000 business loan from this Ohio bank. This loan to an entrepreneur is a good example of an SBA loan. Key Direct, A Branch Of made the loan and the SBA guaranteed a portion of the loan. Many other Colorado entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: SPORTING GOODS STORES SBA Loan Lender KEY DIRECT, A BRANCH OF This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 451110 - Sporting Goods Stores Loan Approval Date 5/6/2002 Loan Approval Gross Amount $1,136,000 Loan Approval from the SBA Of the total $1,136,000 loan amount, the SBA guaranteed $852,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the business planned to use the money to add 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. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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: Banking Deregulation's Effects on Entrepreneurship
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