Loan Census Banking News and Information
November 15, 2024  
 
 
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Cincinnati, Ohio SBA Banks

 

 
Loan Census SBA Loan Info

Cincinnati, Ohio Bank Gives SBA Loan to Residential Property Managers Company

Thinking about meeting with a Cincinnati, Ohio bank about an SBA loan? Here's one Oregon business loan, issued by a Cincinnati bank, that was approved by the SBA.

Applying for an SBA loan with U.S. Bank National Association worked out well for our friends at one local firm in Portland, Oregon. They received an SBA loan for $16,000. Awesome!

SBA Loan Borrower

COMPANY TYPE: RESIDENTIAL PROPERTY MANAGERS
PORTLAND, OR 97266

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

531311 - Residential Property Managers

Loan Approval Date

8/17/2007

Loan Approval Gross Amount

$16,000

Loan Approval from the SBA

Of the total $16,000 loan amount, the SBA guaranteed $13,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $16,000. How would you spend $16,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

How Equity Dilution Works

Find an SBA Lender in Cincinnati, Ohio

Ohio SBA 7A Banks