Cincinnati, Ohio Bank Lends Money to Reupholstery And Furniture Repair Company in Skokie (niles Center), Illinois
A Cincinnati, Ohio business loan can be yours. Learn how one firm got a $457,600 business loan from this Ohio bank.
This loan to an entrepreneur is a good example of an SBA loan. U.S. Bank National Association made the loan and the SBA guaranteed a portion of the loan. Many other Illinois entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.
SBA Loan Borrower
COMPANY TYPE: REUPHOLSTERY AND FURNITURE REPAIR
SKOKIE (NILES CENTER), IL 60076
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
811420 - Reupholstery and Furniture Repair
Loan Approval Date
6/11/2003
Loan Approval Gross Amount
$457,600
Loan Approval from the SBA
Of the total $457,600 loan amount, the SBA guaranteed $343,200.
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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you have been wondering how do i get money to start a business in Skokie (niles Center) IL, you ought to talk with a local Skokie (niles Center) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Skokie (niles Center) businesses.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
Angel Investors
SBA Approved Banks in Cincinnati, Ohio
Getting an SBA Loan in Ohio