Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Fairfield, Ohio Bank Loan

 

 
Loan Census SBA Loan Info

Commercial Loans for Convenience Stores

Looking for commercial loans for convenience stores? An SBA loan may be just what you've been looking for. This $192,000 convenience stores loan was issued by an Ohio bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with First Finan Bank, out of Hamilton, Ohio. The loan was granted and they received $192,000 to help grow their Fairfield, Ohio business.

SBA Loan Borrower

COMPANY TYPE: GROCERY STORES
FAIRFIELD, OH 45014

SBA Loan Lender

FIRST FINAN BANK
300 HIGH ST
HAMILTON, OH 45012

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5411 - Grocery Stores

NAICS Code

445120 - Convenience Stores

Loan Approval Date

1/19/2001

Loan Approval Gross Amount

$192,000

Loan Approval from the SBA

Of the total $192,000 loan amount, the SBA guaranteed $144,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Obtaining Funding - How to Decide How Much to Raise

SBA Banks in Hamilton, Ohio

Getting a Business Loan in Ohio