How to Get a Loan for Fruit and Vegetable Markets

With these business loans for fruit and vegetable markets, the SBA guarantees the lender that the loan will be repaid. This fruit and vegetable markets loan for $55,000 was given to an Ohio entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in Fostoria, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was First Finan Bank, based in Hamilton, Ohio.

SBA Loan Borrower

COMPANY TYPE: FRUIT AND VEGETABLE MARKETS
FOSTORIA, OH 44830

SBA Loan Lender

FIRST FINAN BANK
300 HIGH ST
HAMILTON, OH 45012

The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

445230 - Fruit and Vegetable Markets

Loan Approval Date

1/31/2006

Loan Approval Gross Amount

$55,000

Loan Approval from the SBA

Of the total $55,000 loan amount, the SBA guaranteed $27,500.

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 2 employees. The SBA loan application for the borrower indicated that the borrowed money would help create 1 new job.

Start the Process for Getting an SBA Loan Today!

If you are raising money in Fostoria OH, you ought to talk with a local Fostoria SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fostoria businesses.

This SBA loan was for $55,000. How would you spend $55,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

How to Raise Money

Who Lends Money to Small Businesses in Hamilton, Ohio

Ohio SBA Banks