Business Loans for Tax Preparation Services

Looking for business loans for tax preparation services? Talk to a banker who works with the SBA. This $141,400 tax preparation services loan was issued by an Ohio bank.

Getting a small business loan in Mansfield, Ohio was important for this business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from The Citizens Banking Company, operating out of Sandusky, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: TAX PREPARATION SERVICES
MANSFIELD, OH 44903

SBA Loan Lender

THE CITIZENS BANKING COMPANY
100 E WATER ST
SANDUSKY, OH 44870

The lender provided this debt financing 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

541213 - Tax Preparation Services

Loan Approval Date

1/8/2008

Loan Approval Gross Amount

$141,400

Loan Approval from the SBA

Of the total $141,400 loan amount, the SBA guaranteed $70,700.

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 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Citizens Banking Company are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

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Banks in Sandusky, Ohio

Ohio SBA Bank Lenders