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November 22, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Defiance, Business Loans > First Fed. Bank - Midwest Defiance Business Loans > Real Estate Appraisers Loan | ||||
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First Fed. Bank - Midwest Loans
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Where to Get Capital for Real Estate AppraisersLooking for small business loans for real estate appraisers? Try the SBA. This $78,000 real estate appraisers loan was issued by an Ohio bank. This company knew how to go about getting a business bank loan. Based in Findlay, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was First Fed. Bank - Midwest, based in Defiance, Ohio. SBA Loan Borrower COMPANY TYPE: REAL ESTATE APPRAISERS SBA Loan Lender FIRST FED. BANK - MIDWEST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 531320 - Real Estate Appraisers Loan Approval Date 5/4/2007 Loan Approval Gross Amount $78,000 Loan Approval from the SBA Of the total $78,000 loan amount, the SBA guaranteed $39,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 documents indicated that the loan would help retain 4 existing jobs. Getting an SBA Loan For Your Business SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: SBA Participating Banks in Defiance, Ohio
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