How to Get a Loan for Petroleum and Coal Products Manufacturing

Looking for SBA loans for petroleum and coal products manufacturing? An SBA loan may be just what you've been looking for. This $425,000 petroleum and coal products manufacturing loan was issued by an Ohio bank.

Getting a small business loan in Irwin, Ohio was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Kemba Financial Cu, operating out of Gahanna, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: PETROLEUM AND COAL PRODUCTS MANUFACTURING
IRWIN, OH 43029

SBA Loan Lender

KEMBA FINANCIAL CU
555 OFFICENTER PL
GAHANNA, OH 43230

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

324199 - Petroleum and Coal Products Manufacturing

Loan Approval Date

12/18/2006

Loan Approval Gross Amount

$425,000

Loan Approval from the SBA

Of the total $425,000 loan amount, the SBA guaranteed $318,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

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