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May 1, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Public Relations Agencies Loan | ||||
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We Needed an SBA 7A Loan in Lakewood, Ohio and We Got One!
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Getting an SBA Loan for Public Relations AgenciesLooking for commercial loans for public relations agencies? Try the SBA. This $20,000 public relations agencies loan was issued by an Ohio bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lakewood, Ohio was able to borrow $20,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $10,000 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: PUBLIC RELATIONS AGENCIES SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION The lender provided this small business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 541820 - Public Relations Agencies Loan Approval Date 5/31/2007 Loan Approval Gross Amount $20,000 Loan Approval from the SBA Of the total $20,000 loan amount, the SBA guaranteed $10,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. We've showcased information on this loan to let you know that businesses like yours 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. Related Links: Best Banks in Cincinnati, Ohio
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