Entrepreneur Works With Toledo, Ohio Bank to Get an SBA Loan
Get business loans from a Toledo, Ohio bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Fifth Third Bank is a Toledo, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Ohio company.
SBA Loan Borrower
COMPANY TYPE: GLASS AND GLAZING WORK
TOLEDO, OH 43609
SBA Loan Lender
FIFTH THIRD BANK
606 MADISON AVE
TOLEDO, OH 43604
This lender processed this debt financing 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.
SIC Code
1793 - Glass and Glazing Work
NAICS Code
235920 - Glass and Glazing Contractors
Loan Approval Date
2/24/2000
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
We can help you find the best banks for small businesses in Toledo 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:
Investor Turnoffs
SBA Approved Banks in Toledo, Ohio
Getting an SBA Loan in Ohio