De Graff, Ohio Lender Lends Money to Certified Public Accountants Company

Thinking about meeting with a De Graff, Ohio bank about a small business loan? Here's one Minnesota business loan, issued by a De Graff bank, that was approved by the SBA.

Applying for an SBA loan with United Midwest Savings Bank worked out well for our friends at one local business in Plymouth, Minnesota. They got an SBA loan for $407,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: CERTIFIED PUBLIC ACCOUNTANTS
PLYMOUTH, MN 55447

SBA Loan Lender

UNITED MIDWEST SAVINGS BANK
101 S MAIN ST
DE GRAFF, OH 43318

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541211 - Certified Public Accountants

Loan Approval Date

11/18/2004

Loan Approval Gross Amount

$407,000

Loan Approval from the SBA

Of the total $407,000 loan amount, the SBA guaranteed $305,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 documents indicated that the loan would help retain 6 existing jobs.

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

If you are raising money in Plymouth MN, you ought to talk with a local Plymouth SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Plymouth businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like United Midwest Savings Bank 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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