Hilliard (rr Name Hilliards), Ohio Business Gets SBA-Guaranteed Funding from The Citizens Banking Company

The Citizens Banking Company and the SBA work together to get business loans for growing small businesses. Here's an example of how an Ohio entrepreneur was able to get a loan to take a small business to the next level.

Getting a small business loan in Hilliard (rr Name Hilliards), Ohio was an essential business goal for this company back in 2006 and, based on their loan application, they were successful in getting an SBA loan from The Citizens Banking Company, operating out of Urbana, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: WASTE COLLECTION
HILLIARD (RR NAME HILLIARDS), OH 43026

SBA Loan Lender

THE CITIZENS BANKING COMPANY
601 SCIOTO ST
URBANA, OH 43078

This lender processed this SBA loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

562119 - Waste Collection

Loan Approval Date

11/20/2006

Loan Approval Gross Amount

$224,000

Loan Approval from the SBA

Of the total $224,000 loan amount, the SBA guaranteed $112,000.

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 4 employees. The SBA loan documents indicated that the borrowed money would help create 4 new jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a company in Hilliard (rr Name Hilliards) OH, you ought to talk with a local Hilliard (rr Name Hilliards) SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Hilliard (rr Name Hilliards) businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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