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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Salineville, Business Loans > The Huntington National Bank Salineville Business Loans > Holding Companies Loan | ||||
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Best Banks for Entrepreneurs in Ohio
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Growing Company Gets an Ohio SBA LoanOhioBank loans are available to Ohio firms through the SBA. In this case, an Ohio bank provides the loan. Getting a small business loan in Vienna, Ohio was a top priority for this loan applicant back in 2005 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: HOLDING COMPANIES SBA Loan Lender THE HUNTINGTON NATIONAL BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 551112 - Holding Companies Loan Approval Date 5/11/2005 Loan Approval Gross Amount $360,000 Loan Approval from the SBA Of the total $360,000 loan amount, the SBA guaranteed $270,000. 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 15 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 13 existing jobs. Getting an SBA Loan For Your Business For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Small Business Banks in Salineville, Ohio Getting a Business Loan in Ohio
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