Fremont, Ohio Business Gets SBA-Guaranteed Funding from The Huntington National Bank
The Huntington National Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Ohio entrepreneur was able to get a loan to take a small business to the next level.
This growing company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The Huntington National Bank, out of Zanesville, Ohio. The loan was granted and they received $367,000 to help grow their Fremont, Ohio business.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURING
FREMONT, OH 43420
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
422 MAIN ST
ZANESVILLE, OH 43702
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
339999 - Manufacturing
Loan Approval Date
10/13/2000
Loan Approval Gross Amount
$367,000
Loan Approval from the SBA
Of the total $367,000 loan amount, the SBA guaranteed $275,250.
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 34 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 34 existing jobs.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
We can help you find the best banks for small businesses in Fremont 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:
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SBA Approved Banks in Zanesville, Ohio
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