Raising Money for Hardware Stores

Looking for bank loans for hardware stores? The SBA may be the answer. This $469,500 hardware stores loan was issued by an Ohio bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Ncb, Fsb, out of Hillsboro, Ohio. The loan was granted and they received $469,500 to help grow their Tucson, Arizona business.

SBA Loan Borrower

COMPANY TYPE: HARDWARE STORES
TUCSON, AZ 85735

SBA Loan Lender

NCB, FSB
139 S HIGH ST
HILLSBORO, OH 45133

This lender issued this debt financing under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5251 - Hardware Stores

NAICS Code

444130 - Hardware Stores

Loan Approval Date

7/24/2001

Loan Approval Gross Amount

$469,500

Loan Approval from the SBA

Of the total $469,500 loan amount, the SBA guaranteed $352,125.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 36 employees. The loan application did not indicate that the SBA funding recipient planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great funding source

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $469,500 loan. Remember, where there is a will, there is a way!

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:

Equity Financing

Best Banks in Hillsboro, Ohio

Getting an SBA Loan in Ohio