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May 18, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Dublin, Business Loans > Heartland Bank Dublin Business Loans > Eating Places Loan | ||||
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SBA Lender Dublin
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Heartland Bank SBA Loan to Eating Places CompanyAn SBA loan from Heartland Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Dublin, Ohio business owner got a $10,000 loan. This growing company knew how to go about getting a business bank loan. Based in Dublin, Ohio, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was Heartland Bank, based in Dublin, Ohio. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender HEARTLAND BANK This was a Low Documentation SBA loan. The SBA launched this program to limit the paperwork associated with getting a loan . The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places NAICS Code 722320 - Caterers Loan Approval Date 9/20/2001 Loan Approval Gross Amount $10,000 Loan Approval from the SBA Of the total $10,000 loan amount, the SBA guaranteed $8,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $10,000. How would you spend $10,000 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: Find an SBA Lender in Dublin, Ohio
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