Site Preparation Contractors Commercial Loans

With these commercial loans for site preparation contractors, the SBA guarantees the lender that the loan will be repaid. This site preparation contractors loan for $34,759 was given to an Ohio entrepreneur in 2007.

This small business knew how to go about getting a business bank loan. Based in Lima, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Superior Fcu, based in Lima, Ohio.

SBA Loan Borrower

COMPANY TYPE: SITE PREPARATION CONTRACTORS
LIMA, OH 45807

SBA Loan Lender

SUPERIOR FCU
1205 E KIBBY ST
LIMA, OH 45804

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

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238910 - Site Preparation Contractors

Loan Approval Date

7/9/2007

Loan Approval Gross Amount

$34,759

Loan Approval from the SBA

Of the total $34,759 loan amount, the SBA guaranteed $29,545.

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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.

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

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This SBA loan was for $34,759. How would you spend $34,759 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Strategic Investors

Small Business Banks in Lima, Ohio

SBA Ohio Lenders