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December 23, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cold Spring, Business Loans > National City Bank Cold Spring Business Loans > Convenience Stores Loan | ||||
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SBA Lenders in Ohio
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Convenience Stores Commercial LoansLooking for commercial loans for convenience stores? Try the SBA. This $60,000 convenience stores loan was issued by a Kentucky bank. This business received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with National City Bank, out of Cold Spring, Kentucky. The loan was granted and they received $60,000 to help grow their Fairfield, Ohio business. SBA Loan Borrower COMPANY TYPE: CONVENIENCE STORES SBA Loan Lender NATIONAL CITY BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445120 - Convenience Stores Loan Approval Date 5/18/2004 Loan Approval Gross Amount $60,000 Loan Approval from the SBA Of the total $60,000 loan amount, the SBA guaranteed $51,000. 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 11 employees. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. We can help you find the best banks for small businesses in Fairfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Best Cold Spring, Kentucky Banks for Small Business
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