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December 21, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Cincinnati, Business Loans > Fifth Third Bank Cincinnati Business Loans > Engineering Services Loan | ||||
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Ohio SBA Lenders
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Cincinnati, Ohio Bank Gives SBA Loan to Engineering Services CompanyThinking about meeting with a Cincinnati, Ohio bank about an SBA loan? Here's one Kentucky business loan, issued by a Cincinnati bank, that was approved by the SBA. Applying for an SBA loan with Fifth Third Bank worked out well for our friends at one local business in Florence, Kentucky. They got an SBA loan for $111,335. Awesome! SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender FIFTH THIRD BANK This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541330 - Engineering Services Loan Approval Date 4/30/2004 Loan Approval Gross Amount $111,335 Loan Approval from the SBA Of the total $111,335 loan amount, the SBA guaranteed $94,634. 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 2 employees. This SBA loan request did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $111,335 loan. Remember, fight for what you want, and it will be yours! 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: Family and Friend Investors - Your First Financiers Good Banks for Small Business in Cincinnati, Ohio
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