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December 20, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > West Chester, Business Loans > First Finan Bank West Chester Business Loans > Testing Laboratories Loan | ||||
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SBA Lender Ohio
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Middletown, Ohio Business Gets SBA-Guaranteed Funding from First Finan BankFirst Finan Bank has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them. This growing company knew how to go about getting a business bank loan. Based in Middletown, Ohio, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was First Finan Bank, based in West Chester, Ohio. SBA Loan Borrower COMPANY TYPE: TESTING LABORATORIES SBA Loan Lender FIRST FINAN BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 8734 - Testing Laboratories NAICS Code 541380 - Testing Laboratories Loan Approval Date 9/14/2001 Loan Approval Gross Amount $101,700 Loan Approval from the SBA Of the total $101,700 loan amount, the SBA guaranteed $86,445. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. 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: SBA Approved Banks in West Chester, Ohio
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