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December 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cortland, Business Loans > Cortland Savings & Bank Co. Cortland Business Loans > Landscaping Services Loan | ||||
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Cortland SBA Lenders
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Cortland, Ohio Lender Lends Money to Landscaping Services CompanyThinking about meeting with a Cortland, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Cortland bank, that was approved by the SBA. Applying for an SBA loan with Cortland Savings & Bank Co. worked out well for our friends at one local business in Youngstown, Ohio. They got an SBA loan for $65,000. Great job! SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender CORTLAND SAVINGS & BANK CO. This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561730 - Landscaping Services Loan Approval Date 4/18/2003 Loan Approval Gross Amount $65,000 Loan Approval from the SBA Of the total $65,000 loan amount, the SBA guaranteed $55,250. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! Many small businesses receive loans backed by the U.S. Small Business Administration. 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: Family and Friend Investors - Your First Financiers Good Banks for Small Business in Cortland, Ohio Browse All Business Loan Sources for Ohio
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