Where to Get Capital for Engineering Services

Looking for small business loans for engineering services? An SBA loan may be just what you've been looking for. This $495,000 engineering services loan was issued by an Ohio bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Genoa Banking Company, out of Genoa, Ohio. The loan was granted and they received $495,000 to help grow their Sylvania, Ohio business.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
SYLVANIA, OH 43560

SBA Loan Lender

GENOA BANKING COMPANY
801-803 MAIN ST
GENOA, OH 43430

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541330 - Engineering Services

Loan Approval Date

4/13/2007

Loan Approval Gross Amount

$495,000

Loan Approval from the SBA

Of the total $495,000 loan amount, the SBA guaranteed $371,250.

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 20 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 Genoa Banking Company 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.

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SBA Approved Banks in Genoa, Ohio

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