Entrepreneur Works With Cincinnati, Ohio Bank to Get an SBA Loan
Get SBA loans from a Cincinnati, Ohio bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.
U.S. Bank National Association is a Cincinnati, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a Wisconsin company.
SBA Loan Borrower
COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES
NASHOTAH, WI 53058
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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.
NAICS Code
562991 - Septic Tank and Related Services
Loan Approval Date
2/27/2001
Loan Approval Gross Amount
$425,000
Loan Approval from the SBA
Of the total $425,000 loan amount, the SBA guaranteed $318,750.
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 only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
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 business, 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.
Related Links:
Understanding Dilution
SBA 7A Banks in Cincinnati, Ohio
Getting an SBA Loan in Ohio