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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Higginsport, Business Loans > The Citizens Bank Higginsport Business Loans > Structural Steel Erection Contractors Loan | ||||
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Higginsport, Ohio SBA 7A Banks
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Higginsport, Ohio Lender Lends Money to Structural Steel Erection Contractors CompanyA Higginsport, Ohio small business loan can be yours. Learn how one firm got a $600,000 business loan from this Ohio bank. This loan to an entrepreneur is a good example of an SBA loan. The Citizens Bank made the loan and the SBA guaranteed a portion of the loan. Many other Ohio entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: STRUCTURAL STEEL ERECTION CONTRACTORS SBA Loan Lender THE CITIZENS BANK 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 235910 - Structural Steel Erection Contractors Loan Approval Date 11/1/2000 Loan Approval Gross Amount $600,000 Loan Approval from the SBA Of the total $600,000 loan amount, the SBA guaranteed $450,000. 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 15 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Citizens Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Related Links: Best Banks in Higginsport, Ohio
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