Entrepreneur Works With Cincinnati, Ohio Bank to Get an SBA Loan
Want to talk with a Cincinnati, Ohio bank about a business loan? Here's one Georgia 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 Marietta, Georgia. The business was able to get an SBA loan for $259,000. Nice!
SBA Loan Borrower
COMPANY TYPE: GASOLINE SERVICE STATIONS
MARIETTA, GA 30062
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5541 - Gasoline Service Stations
Loan Approval Date
9/26/2000
Loan Approval Gross Amount
$259,000
Loan Approval from the SBA
Of the total $259,000 loan amount, the SBA guaranteed $117,940.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The loan application indicated that the loan would help create 5 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from U.S. Bank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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