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November 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Lansing, Business Loans > Citizens Bank Lansing Business Loans > Testing Laboratories Loan | ||||
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How to Get an SBA Loan in Zanesville, Ohio
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Citizens Bank Gives SBA Loan to Testing Laboratories CompanyOhioBank loans are available to Ohio firms through the SBA. In this case, a Michigan bank provides the loan. Getting a small business loan in Zanesville, Ohio was a top priority for this loan applicant back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Citizens Bank. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: TESTING LABORATORIES SBA Loan Lender CITIZENS BANK Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541380 - Testing Laboratories Loan Approval Date 12/13/2006 Loan Approval Gross Amount $260,400 Loan Approval from the SBA Of the total $260,400 loan amount, the SBA guaranteed $195,300. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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 Citizens 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:
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