 |
 |
December 24, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Ohio Business Loan Sources > Livingston, Business Loans > Cit Small Business Lending Corp Livingston Business Loans > Electronic Component Manufacturing Loan | ||||
 |
||||
SBA 7A Banks That Lend to Ohio Entrepreneurs
|
||||
 |
Cit Small Business Lending Corp Gives Small Business Loan to Electronic Component Manufacturing CompanyOhioSBA loans are available to Ohio entrepreneurs through the SBA. In this case, a New Jersey bank provides the loan. This small business, based in Dublin, Ohio, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Cit Small Business Lending Corp. We've got the inside scoop on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: ELECTRONIC COMPONENT MANUFACTURING SBA Loan Lender CIT SMALL BUSINESS LENDING CORP 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 334419 - Electronic Component Manufacturing Loan Approval Date 10/3/2001 Loan Approval Gross Amount $985,000 Loan Approval from the SBA Of the total $985,000 loan amount, the SBA guaranteed $738,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 50 employees. The SBA loan documents indicated that the loan would help retain 50 existing jobs. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: The Friends and Family Network Find an SBA Lender in Livingston, New Jersey
|
|
||
|
||||
|
|
||||