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December 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cortland, Business Loans > Cortland Savings & Bank Co. Cortland Business Loans > Amusement And Recreation Industries Loan | ||||
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Banks Doing SBA Loans in Ohio
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Cortland, Ohio Lender Lends Money to Amusement And Recreation Industries CompanyWant to talk with a Cortland, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Cortland bank, that was approved by the SBA. Applying for an SBA loan with Cortland Savings & Bank Co. worked out well for our friends at one local business in Struthers, Ohio. The business was able to get an SBA loan for $97,000. Nice! SBA Loan Borrower COMPANY TYPE: AMUSEMENT AND RECREATION INDUSTRIES SBA Loan Lender CORTLAND SAVINGS & BANK CO. This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 713990 - Amusement and Recreation Industries Loan Approval Date 10/7/2004 Loan Approval Gross Amount $97,000 Loan Approval from the SBA Of the total $97,000 loan amount, the SBA guaranteed $48,500. 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 10 employees. This SBA loan request indicated that the loan would help retain 10 existing jobs. Next Steps for Getting an SBA Loan SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. This company got an SBA loan. You can too! Maybe you want money for start up 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. Related Links:
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