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May 2, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Eaton, Business Loans > Eaton National Bank & Trust. Eaton Business Loans > Florists Loan | ||||
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Raising Money in Dayton, Ohio With SBA Loans
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Florists SBA LoansWith these SBA loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $120,000 was given to an Ohio entrepreneur in 2002. This business knew how to go about getting a business bank loan. Based in Dayton, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Eaton National Bank & Trust., based in Eaton, Ohio. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender EATON NATIONAL BANK & TRUST. The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to to our country's hard-working small business owners. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5992 - Florists NAICS Code 453110 - Florists Loan Approval Date 11/21/2002 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $102,000. More Information on This SBA Loan The borrower borrowed this money for an existing 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 12 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $120,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Good Banks for Small Business in Eaton, Ohio Getting a Business Loan in Ohio
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