Graphic Design Services Business Loans
With these business loans for graphic design services, the SBA guarantees the lender that the loan will be repaid. This graphic design services loan for $31,100 was given to an Ohio entrepreneur in 2006.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Firstmerit Bank, out of Akron, Ohio. The loan was granted and they received $31,100 to help grow their Wadsworth, Ohio business.
SBA Loan Borrower
COMPANY TYPE: GRAPHIC DESIGN SERVICES
WADSWORTH, OH 44281
SBA Loan Lender
FIRSTMERIT BANK
3 CASCADE PLZ
AKRON, OH 44308
The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
541430 - Graphic Design Services
Loan Approval Date
11/15/2006
Loan Approval Gross Amount
$31,100
Loan Approval from the SBA
Of the total $31,100 loan amount, the SBA guaranteed $15,550.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had no employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
Borrowing Money from Friends and Family
SBA Banks in Akron, Ohio
SBA Participating Banks in Ohio