Fifth Third Bank SBA Loan to Eating Places Company
Looking to get an Ohio SBA loan? Here's one Ohio business loan that was approved by the SBA.
This small business needed an SBA business loan in Ross, Ohio back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Fifth Third Bank, operating out of Cincinnati, Ohio. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: EATING PLACES
ROSS, OH 45013
SBA Loan Lender
FIFTH THIRD BANK
38 FOUNTAIN SQ PLZ
CINCINNATI, OH 45263
When it made this small business loan, the lender was part of the SBA's Certified Lenders Program (CLP). This program was created to give rapid service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5812 - Eating Places
Loan Approval Date
6/23/2000
Loan Approval Gross Amount
$92,000
Loan Approval from the SBA
Of the total $92,000 loan amount, the SBA guaranteed $69,000.
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 4 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Ross OH, you ought to talk with a local Ross SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Ross businesses.
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 Fifth Third Bank 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:
Understanding Dilution
Best Banks in Cincinnati, Ohio
Ohio SBA 7A Lenders