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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Pemberville, Business Loans > The Union Bank Company Pemberville Business Loans > Business Services Loan | ||||
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Ohio Bank SBA Loans
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The Union Bank Company SBA Loan to Business Services CompanyWant an Ohio SBA loan? Here's one Ohio business loan that was approved by the SBA. This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with The Union Bank Company, out of Pemberville, Ohio. The loan was granted and they received $90,000 to help grow their Perrysburg, Ohio business. SBA Loan Borrower COMPANY TYPE: BUSINESS SERVICES SBA Loan Lender THE UNION BANK COMPANY This lender issued this particular SBA 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 7389 - Business Services Loan Approval Date 1/28/2000 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $72,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 25 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Union Bank Company and they will explain how you can get an SBA loan for your company. 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: The Friends and Family Network Good Banks for Small Business in Pemberville, Ohio Browse All Business Loan Sources for Ohio
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