Entrepreneur Works With Saint Clairsville, Ohio Bank to Get an SBA Loan
Thinking about meeting with a Saint Clairsville, Ohio bank about a small business loan? Here's one West Virginia business loan, issued by a Saint Clairsville bank, that was approved by the SBA.
Applying for an SBA loan with Wesbanco Bank, Inc. worked out well for our friends at one local business in Moundsville, West Virginia. The business was able to get an SBA loan for $225,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: FURNITURE AND FIXTURES
MOUNDSVILLE, WV 26041
SBA Loan Lender
WESBANCO BANK, INC.
135 W MAIN ST
SAINT CLAIRSVILLE, OH 43950
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
2599 - Furniture and Fixtures
Loan Approval Date
5/26/2000
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money
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.
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