Loans for Private Mail Centers

Looking for loans for private mail centers? Try the SBA. This $61,750 private mail centers loan was issued by an Ohio bank.

This small firm knew how to go about getting a business bank loan. Based in Warren, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Home Savings & Loan Co - Youn, based in Youngstown, Ohio.

SBA Loan Borrower

COMPANY TYPE: PRIVATE MAIL CENTERS
WARREN, OH 44483

SBA Loan Lender

HOME SAVINGS & LOAN CO - YOUN
275 FEDERAL PLAZA WEST
YOUNGSTOWN, OH 44503

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561431 - Private Mail Centers

Loan Approval Date

5/9/2007

Loan Approval Gross Amount

$61,750

Loan Approval from the SBA

Of the total $61,750 loan amount, the SBA guaranteed $52,487.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 $61,750 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.

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