How to Get a Loan for Management Consulting Services
With these business loans for management consulting services, the SBA guarantees the lender that the loan will be repaid. This management consulting services loan for $768,000 was given to an Ohio entrepreneur in 2001.
This small business knew how to go about getting a business bank loan. Based in Westerville, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was The Huntington National Bank, based in Zanesville, Ohio.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
WESTERVILLE, OH 43081
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
422 MAIN ST
ZANESVILLE, OH 43702
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541618 - Management Consulting Services
Loan Approval Date
5/2/2001
Loan Approval Gross Amount
$768,000
Loan Approval from the SBA
Of the total $768,000 loan amount, the SBA guaranteed $576,000.
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 retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $768,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Advice on Getting a Small Business Loan
Where to Get an SBA Loan in Zanesville, Ohio
SBA Participating Banks in Ohio