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December 22, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Somerset, Business Loans > Commodore Bank Somerset Business Loans > Insurance Agencies And Brokerages Loan | ||||
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SBA Lender Somerset
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Somerset, Ohio Bank Gives SBA Loan to Insurance Agencies And Brokerages CompanyWant to talk with a Somerset, Ohio bank about an SBA loan? Here's one Ohio business loan, issued by a Somerset bank, that was approved by the SBA. Applying for an SBA loan with Commodore Bank worked out well for our friends at one local firm in Zanesville, Ohio. They got an SBA loan for $150,000. Nice! SBA Loan Borrower COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES SBA Loan Lender COMMODORE BANK This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 524210 - Insurance Agencies and Brokerages Loan Approval Date 9/22/2006 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $75,000. 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 generate 2 new jobs and retain 2 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. 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 $150,000 loan. Remember, you control your own destiny. 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: SBA 7A Lenders in Somerset, Ohio
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