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November 15, 2024  
 
 
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Raising Money in North Jackson, Ohio With SBA Loans

 

 
Loan Census SBA Loan Info

Window Treatment Stores Loans

Looking for loans for window treatment stores? Talk to a banker who works with the SBA. This $100,000 window treatment stores loan was issued by an Ohio bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Cortland Savings & Bank Co., out of Cortland, Ohio. The loan was granted and they received $100,000 to help grow their North Jackson, Ohio business.

SBA Loan Borrower

COMPANY TYPE: HOMEFURNISHINGS STORES
NORTH JACKSON, OH 44451

SBA Loan Lender

CORTLAND SAVINGS & BANK CO.
194 W MAIN ST
CORTLAND, OH 44410

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

5719 - Homefurnishings Stores

NAICS Code

442291 - Window Treatment Stores

Loan Approval Date

11/13/2001

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

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 small business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $100,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Role of Business Plan When Raising Money

Best Banks in Cortland, Ohio

Getting an SBA Loan in Ohio