East Liverpool, Ohio Business Gets SBA-Guaranteed Funding from 1st National Community Bank

An SBA loan from 1st National Community Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an East Liverpool, Ohio business owner got a $90,000 loan.

This business knew how to go about getting a business bank loan. Based in East Liverpool, Ohio, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was 1st National Community Bank, based in East Liverpool, Ohio.

SBA Loan Borrower

COMPANY TYPE: CAMERA AND PHOTOGRAPHIC SUPPLIES STORES
EAST LIVERPOOL, OH 43920

SBA Loan Lender

1ST NATIONAL COMMUNITY BANK
16924 ST. CLAIR AVE
EAST LIVERPOOL, OH 43920

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

443130 - Camera and Photographic Supplies Stores

Loan Approval Date

10/16/2007

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $45,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help generate 3 new jobs.

Next Steps for Getting an SBA Loan

SBA loans provide smart, affordable business financing for small businesses looking to expand.

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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