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May 2, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Akron, Business Loans > Firstmerit Bank Akron Business Loans > Heavenly Hams Loan | ||||
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Where to Get a Bank Loan to Purchase a Franchise
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Loan to Buy Heavenly Hams Franchise Issued By Firstmerit BankNeed money to buy a Heavenly Hams franchise? Firstmerit Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Mentor, Ohio needed money to invest in a Heavenly Hams franchise back in 2001. Firstmerit Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower HEAVENLY HAMS SBA Loan Lender FIRSTMERIT BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 10/18/2001 Loan Approval Gross Amount $325,000 Loan Approval from the SBA Of the total $325,000 loan amount, the SBA guaranteed $243,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Heavenly Hams franchise. At the time of the loan, the company had 27 employees. The SBA loan application for the borrower indicated that the loan would help retain 27 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. 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. Related Links: Good Banks for Small Business in Akron, Ohio
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