Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Who Can Get a Business Loan in Maumee, Ohio?

 

 
Loan Census SBA Loan Info

Marketing Consulting Services Commercial Loans

Looking for commercial loans for marketing consulting services? The SBA may be the answer. This $50,000 marketing consulting services loan was issued by an Ohio bank.

This business received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Bank Of Maumee, out of Maumee, Ohio. The loan was granted and they received $50,000 to help grow their Maumee, Ohio business.

SBA Loan Borrower

COMPANY TYPE: MARKETING CONSULTING SERVICES
MAUMEE, OH 43537

SBA Loan Lender

BANK OF MAUMEE
3425 BRIARFIELD BLVD, STE 100
MAUMEE, OH 43537

This business 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.

NAICS Code

541613 - Marketing Consulting Services

Loan Approval Date

2/20/2008

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 25 employees. The loan application indicated that the loan would help retain 25 existing jobs.

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

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

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Bank Of Maumee and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Determining Proper Capital Structure for a Business

Best Banks for Small Business in Maumee, Ohio

Getting a Business Loan in Ohio