Sandusky, Ohio Bank Lends Money to Small Business Loan Recipient Company in Norwalk, Ohio
Get business loans from a Sandusky, 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.
The Citizens Banking Company is a Sandusky, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Ohio company.
SBA Loan Borrower
SMALL BUSINESS LOAN RECIPIENT
NORWALK, OH 44857
SBA Loan Lender
THE CITIZENS BANKING COMPANY
100 E WATER ST
SANDUSKY, OH 44870
This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
3499 - Fabricated Metal Products
NAICS Code
332999 - Fabricated Metal Product Manufacturing
Loan Approval Date
1/29/2002
Loan Approval Gross Amount
$70,050
Loan Approval from the SBA
Of the total $70,050 loan amount, the SBA guaranteed $59,542.
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 8 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Citizens Banking Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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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