 |
 |
December 20, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Ohio Business Loan Sources > Lancaster, Business Loans > First Bremen Bank Lancaster Business Loans > Construction And Mining Machinery And Equipment Merchant Loan | ||||
 |
||||
Lancaster Bank Loan
|
||||
 |
Lancaster, Ohio Bank Lends Money to Construction And Mining Machinery And Equipment Merchant Company in Sugargrove, OhioThinking about meeting with a Lancaster, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Lancaster bank, that was approved by the SBA. Applying for an SBA loan with First Bremen Bank worked out well for our friends at one local firm in Sugargrove, Ohio. They got an SBA loan for $400,000. Way to go! SBA Loan Borrower COMPANY TYPE: CONSTRUCTION AND MINING MACHINERY AND EQUIPMENT MERCHANT SBA Loan Lender FIRST BREMEN BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423810 - Construction and Mining Machinery and Equipment Merchant Loan Approval Date 12/14/2006 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 9 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business Although it's called an SBA loan, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Sugargrove or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: The Friends and Family Network Best Lancaster, Ohio Banks for Small Business
|
|
||
|
||||
|
|
||||