Cincinnati, Ohio Bank Lends Money to Direct Mail Advertising Services Company in Cincinnati, Ohio

Find Cincinnati, Ohio banks that specialize in business loans and know how to work with entrepreneurs. Oak Hill Banks is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Cincinnati, Ohio starts with an understanding of who else has gotten loans in the area. In this case, a local business received funding from Oak Hill Banks. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: DIRECT MAIL ADVERTISING SERVICES
CINCINNATI, OH 45244

SBA Loan Lender

OAK HILL BANKS
4811 COOPER RD
CINCINNATI, OH 45242

This commercial loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA provides a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7331 - Direct Mail Advertising Services

NAICS Code

541860 - Direct Mail Advertising

Loan Approval Date

9/17/2004

Loan Approval Gross Amount

$367,000

Loan Approval from the SBA

Of the total $367,000 loan amount, the SBA guaranteed $275,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

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 Oak Hill Banks 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.

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