Ohio SBA Loan Issued to Printing And Writing Paper Company
Searching for an Ohio small business loan? This Ohio entrepreneur got a small business loan, provided by an Ohio bank that works with the SBA to help small business owners.
This business, based in Westerville, Ohio, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from The Huntington National Bank. We've got the inside scoop on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: PRINTING AND WRITING PAPER
WESTERVILLE, OH 43081
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
422 MAIN ST
ZANESVILLE, OH 43702
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5111 - Printing and Writing Paper
NAICS Code
422110 - Printing and Writing Paper Wholesalers
Loan Approval Date
8/23/2000
Loan Approval Gross Amount
$269,600
Loan Approval from the SBA
Of the total $269,600 loan amount, the SBA guaranteed $202,200.
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 34 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 34 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Huntington National Bank and they will explain how you can get an SBA loan for your company.
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:
Understanding Dilution
SBA Participating Banks in Zanesville, Ohio
Find an SBA Lender in Ohio