Ohio Entrepreneur Secures Financing to Buy Grinders And Such Franchise
Borrowing money to purchase a Grinders And Such franchise? The Citizens Savings Bank has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Grinders And Such franchise requires some effort but others before you have been successful. In 2006, The Citizens Savings Bank issued an SBA franchise loan to an entrepreneur in Lancaster, Ohio. Because Grinders And Such was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.
SBA Loan Borrower
WG GRINDERS
LANCASTER, OH 43130
SBA Loan Lender
THE CITIZENS SAVINGS BANK
201 N COLUMBUS ST
LANCASTER, OH 43130
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
3/30/2006
Loan Approval Gross Amount
$144,000
Loan Approval from the SBA
Of the total $144,000 loan amount, the SBA guaranteed $122,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Grinders And Such franchise. At the time of the loan, the company
had 10 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
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Many small businesses receive loans backed by the U.S. Small Business Administration.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Obtaining Funding - How to Borrow Money
Who Lends Money to Small Businesses in Lancaster, Ohio
Ohio SBA 7A Lenders