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December 22, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Hillsboro, Business Loans > Ncb, Fsb Hillsboro Business Loans > New Car Dealers Loan | ||||
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OH SBA Loan from Ncb, Fsb
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Ncb, Fsb SBA Loan to New Car Dealers CompanyNcb, Fsb has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them. Getting a small business loan in Hillsboro, Ohio was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Ncb, Fsb, operating out of Hillsboro, Ohio. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: NEW CAR DEALERS SBA Loan Lender NCB, FSB 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 441110 - New Car Dealers Loan Approval Date 9/1/2006 Loan Approval Gross Amount $650,000 Loan Approval from the SBA Of the total $650,000 loan amount, the SBA guaranteed $487,500. 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 22 employees. This SBA loan request indicated that the loan would help retain 22 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $650,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Determining Proper Capital Structure for a Business
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