Cincinnati, Ohio Bank Gives SBA Loan to Gasoline Service Stations Company
Thinking about meeting with a Cincinnati, Ohio bank about an SBA loan? Here's one Nevada business loan, issued by a Cincinnati bank, that was approved by the SBA.
Applying for an SBA loan with U.S. Bank National Association worked out well for our friends at one local firm in Las Vegas, Nevada. The business was able to get an SBA loan for $712,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
LAS VEGAS, NV 89120
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
Loan Approval Date
3/10/2000
Loan Approval Gross Amount
$712,000
Loan Approval from the SBA
Of the total $712,000 loan amount, the SBA guaranteed $460,856.
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 8 employees. The SBA loan documents indicated that the borrowed money would help create 8 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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:
Business Incubators
Where to Get an SBA Loan in Cincinnati, Ohio
Ohio SBA Banks