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November 22, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Findlay, Business Loans > First Fed. Bank - Midwest Findlay Business Loans > Lawn And Garden Services Loan | ||||
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Findlay, Ohio Bank for SBA Loans
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Findlay, Ohio Bank Gives SBA Loan to Lawn And Garden Services CompanyThinking about meeting with a Findlay, Ohio bank about an SBA loan? Here's one Ohio business loan, issued by a Findlay bank, that was approved by the SBA. Applying for an SBA loan with First Fed. Bank - Midwest worked out well for our friends at one local company in North Baltimore, Ohio. The business was able to get an SBA loan for $38,500. Sweet! SBA Loan Borrower COMPANY TYPE: LAWN AND GARDEN SERVICES SBA Loan Lender FIRST FED. BANK - MIDWEST 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 0782 - Lawn and Garden Services NAICS Code 561730 - Landscaping Services Loan Approval Date 3/21/2003 Loan Approval Gross Amount $38,500 Loan Approval from the SBA Of the total $38,500 loan amount, the SBA guaranteed $32,725. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First Fed. Bank - Midwest 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: Find an SBA Lender in Findlay, Ohio
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