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November 15, 2024  
 
 
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Loan Census SBA Loan Info

Where to Get Capital for Cellular and Wireless

Looking for small business loans for cellular and wireless? An SBA loan may be just what you've been looking for. This $15,000 cellular and wireless loan was issued by an Ohio bank.

This small firm knew how to go about getting a business bank loan. Based in Hudson, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was The Huntington National Bank, based in Warren, Ohio.

SBA Loan Borrower

COMPANY TYPE: CELLULAR AND WIRELESS
HUDSON, OH 44236

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
108 MAIN AVE SW
WARREN, OH 44482

The lender provided this debt financing 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

513322 - Cellular and Wireless

Loan Approval Date

5/1/2003

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Huntington National Bank and they will explain how you can get an SBA loan for your company.

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

SBA Participating Banks in Warren, Ohio

SBA Lenders in Ohio