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April 25, 2024  
 
 
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How to Get Commercial Loans in Akron, Ohio

 

 
Loan Census SBA Loan Info

Akron, Ohio Entrepreneur Gets a Small Business Loan

Looking to get an Ohio SBA loan? This Ohio entrepreneur got an SBA loan, provided by an Ohio bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Akron, Ohio by studying this loan to a local business, made back in 2008. Banks like Rbs Citizens may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: SEPTIC TANK AND RELATED SERVICES
AKRON, OH 44312

SBA Loan Lender

RBS CITIZENS
1215 SUPERIOR AVE
CLEVELAND, OH 44114

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.

NAICS Code

562991 - Septic Tank and Related Services

Loan Approval Date

1/10/2008

Loan Approval Gross Amount

$499,200

Loan Approval from the SBA

Of the total $499,200 loan amount, the SBA guaranteed $374,400.

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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Rbs Citizens are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Obtaining Funding - How to Borrow Money

SBA Banks in Cleveland, Ohio

SBA Ohio Banks