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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Genoa, Business Loans > Genoa Banking Company Genoa Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
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Business Loan from Genoa Banking Company
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Genoa Banking Company SBA Loan to Plumbing, Heating, And Air-Conditioning Contractors CompanyGenoa Banking Company is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Ohio entrepreneur who tapped into the power of SBA loans. This growing company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Genoa Banking Company, out of Genoa, Ohio. The loan was granted and they received $100,000 to help grow their Perrysburg, Ohio business. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender GENOA BANKING COMPANY SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 6/11/2007 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 a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 6 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan If you need money to start business in Perrysburg OH, you ought to talk with a local Perrysburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Perrysburg businesses. We can help you find the best banks for small businesses in Perrysburg or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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 Genoa, Ohio
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