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May 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > East Liverpool, Business Loans > 1st National Community Bank East Liverpool Business Loans > Home Centers Loan | ||||
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Calcutta, Ohio Bank Loan
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Home Centers Commercial LoansLooking for commercial loans for home centers? Try the SBA. This $1,039,000 home centers loan was issued by an Ohio bank. This business knew how to go about getting a business bank loan. Based in Calcutta, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was 1st National Community Bank, based in East Liverpool, Ohio. SBA Loan Borrower COMPANY TYPE: HOME CENTERS SBA Loan Lender 1ST NATIONAL COMMUNITY BANK This SBA small business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 444110 - Home Centers Loan Approval Date 9/30/2005 Loan Approval Gross Amount $1,039,000 Loan Approval from the SBA Of the total $1,039,000 loan amount, the SBA guaranteed $779,250. More Information on This SBA Loan The borrower borrowed this money for a new 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 only one employee. The SBA loan documents did not indicate that the small business promised to use the money to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great way to raise money We can help you find the best banks for small businesses in Calcutta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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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