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April 29, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Upper Sandusky, Business Loans > The Commercial Savings Bank Upper Sandusky Business Loans > Insurance Agencies And Brokerages Loan | ||||
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How to Get SBA Loans in Marion, Ohio
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Small Business Loans for Insurance Agencies and BrokeragesLooking for small business loans for insurance agencies and brokerages? The SBA may be the answer. This $398,700 insurance agencies and brokerages loan was issued by an Ohio bank. This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with The Commercial Savings Bank, out of Upper Sandusky, Ohio. The loan was granted and they received $398,700 to help grow their Marion, Ohio business. SBA Loan Borrower COMPANY TYPE: INSURANCE AGENCIES AND BROKERAGES SBA Loan Lender THE COMMERCIAL SAVINGS BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 524210 - Insurance Agencies and Brokerages Loan Approval Date 10/19/2004 Loan Approval Gross Amount $398,700 Loan Approval from the SBA Of the total $398,700 loan amount, the SBA guaranteed $299,025. 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 5 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Approved Banks in Upper Sandusky, Ohio
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