Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Cincinnati, Ohio Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Financing for Food Supplement Stores

With these loans for food supplement stores, the SBA guarantees the lender that the loan will be repaid. This food supplement stores loan for $260,000 was given to an Ohio entrepreneur in 2001.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Oak Hill Banks, out of Cincinnati, Ohio. The loan was granted and they received $260,000 to help grow their Cincinnati, Ohio business.

SBA Loan Borrower

COMPANY TYPE: FOOD STORES
CINCINNATI, OH 45242

SBA Loan Lender

OAK HILL BANKS
4811 COOPER RD
CINCINNATI, OH 45242

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5499 - Food Stores

NAICS Code

446191 - Food Supplement Stores

Loan Approval Date

11/7/2001

Loan Approval Gross Amount

$260,000

Loan Approval from the SBA

Of the total $260,000 loan amount, the SBA guaranteed $195,000.

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. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

This SBA loan was for $260,000. How would you spend $260,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Credit Evaluation

SBA 7A Banks for Cincinnati, Ohio Loans

Getting a Business Loan in Ohio