Entrepreneur Works With Greenville, Ohio Bank to Get an SBA Loan
Get small business loans from a Greenville, Ohio bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Second National Bank is a Greenville, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Ohio company.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL SCREEN PRINTING
EATON, OH 45320
SBA Loan Lender
SECOND NATIONAL BANK
499 S BROADWAY
GREENVILLE, OH 45331
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
323113 - Commercial Screen Printing
Loan Approval Date
6/17/2004
Loan Approval Gross Amount
$55,400
Loan Approval from the SBA
Of the total $55,400 loan amount, the SBA guaranteed $47,090.
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 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
If you have been wondering how do i get money to start a business in Eaton OH, you ought to talk with a local Eaton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Eaton businesses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Second National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
Best Greenville, Ohio Banks for Small Business
Browse All Business Loan Sources for Ohio