Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Raising Money in Westerville, Ohio With SBA Loans

 

 
Loan Census SBA Loan Info

Loan to Buy Dream Dinners Franchise Issued By The Huntington National Bank

Need money to purchase a Dream Dinners franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Dream Dinners franchise? If so, here's a 2004 SBA franchise loan that you should know about. The Huntington National Bank was the lender and the entrepreneur was based in Westerville, Ohio.

SBA Loan Borrower

DELANEY DREAM DINNERS INC
WESTERVILLE, OH 43082

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219

This lender processed this debt financing under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

722310 - Food Service Contractors

Loan Approval Date

12/6/2004

Loan Approval Gross Amount

$60,500

Loan Approval from the SBA

Of the total $60,500 loan amount, the SBA guaranteed $30,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dream Dinners franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Westerville OH, you ought to talk with a local Westerville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Westerville businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from The Huntington National Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Dream Dinners

Angel Investors

SBA 7A Lenders in Columbus, Ohio

Getting a Business Loan in Ohio