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December 20, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Bluffton, Business Loans > Cit. National Bank - Bluffton Bluffton Business Loans > Motor Vehicle Body Manufacturing Loan | ||||
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How to Get SBA Money in Van Wert, Ohio
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Cit. National Bank - Bluffton Gives Business Loan to Motor Vehicle Body Manufacturing CompanyOhioBank loans are available to Ohio firms through the SBA. In this case, an Ohio bank provides the loan. By giving the right information to Cit. National Bank - Bluffton, this Van Wert, Ohio business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: MOTOR VEHICLE BODY MANUFACTURING SBA Loan Lender CIT. NATIONAL BANK - BLUFFTON This bank 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 336211 - Motor Vehicle Body Manufacturing Loan Approval Date 8/13/2007 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 3 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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 $100,000 loan. Remember, you control your own destiny. 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: Where to Get an SBA Loan in Bluffton, Ohio
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