Where to Get Capital for Title Abstract and Settlement Offices
With these SBA loans for title abstract and settlement offices, the SBA guarantees the lender that the loan will be repaid. This title abstract and settlement offices loan for $5,000 was given to an Ohio entrepreneur in 2004.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Independence, Ohio was able to borrow $5,000 from Rbs Citizens. The SBA made the loan possible by guaranteeing $2,500 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: TITLE ABSTRACT AND SETTLEMENT OFFICES
INDEPENDENCE, OH 44131
SBA Loan Lender
1215 SUPERIOR AVE
CLEVELAND, OH 44114
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
541191 - Title Abstract and Settlement Offices
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $2,500.
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 indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small 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.
Determining Proper Capital Structure for a Business
SBA 7A Banks in Cleveland, Ohio
SBA Ohio Lenders