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December 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Washington, Business Loans > Natl Consumer Cooperative Washington Business Loans > Hardware Stores Loan | ||||
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Getting an SBA 7A Loan in Vermilion, Ohio
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Firm Gets an Ohio Small Business LoanSmall business loans in Ohio are tough to come by these days. We take a look at one Ohio small business loan, provided by a District of Columbia bank, that was approved by the SBA. Getting a small business loan in Vermilion, Ohio was a top priority for this small company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Natl Consumer Cooperative. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: HARDWARE STORES SBA Loan Lender NATL CONSUMER COOPERATIVE The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444130 - Hardware Stores Loan Approval Date 4/18/2005 Loan Approval Gross Amount $520,000 Loan Approval from the SBA Of the total $520,000 loan amount, the SBA guaranteed $390,000. 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 17 employees. This SBA loan request did not indicate that the business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Natl Consumer Cooperative that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Good Banks for Small Business in Washington, District of Columbia District of Columbia SBA 7A Lenders
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