Business Loans for Engineering Services
Looking for business loans for engineering services? An SBA loan may be just what you've been looking for. This $89,000 engineering services loan was issued by an Ohio bank.
This small business knew how to go about getting a business bank loan. Based in Saint Paris, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was The Citizens Banking Company, based in Urbana, Ohio.
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
SAINT PARIS, OH 43072
SBA Loan Lender
THE CITIZENS BANKING COMPANY
601 SCIOTO ST
URBANA, OH 43078
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541330 - Engineering Services
Loan Approval Date
3/17/2006
Loan Approval Gross Amount
$89,000
Loan Approval from the SBA
Of the total $89,000 loan amount, the SBA guaranteed $44,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help retain 7 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer 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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