Get an SBA Loan for Automotive Glass Replacement Shops

With these loans for automotive glass replacement shops, the SBA guarantees the lender that the loan will be repaid. This automotive glass replacement shops loan for $251,000 was given to an Ohio entrepreneur in 2002.

Getting a small business loan in Ravenna, Ohio was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Portage Community Bank, operating out of Ravenna, Ohio. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: AUTOMOTIVE GLASS REPLACEMENT SHOPS
RAVENNA, OH 44266

SBA Loan Lender

PORTAGE COMMUNITY BANK
1311 E MAIN ST
RAVENNA, OH 44266

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

811122 - Automotive Glass Replacement Shops

Loan Approval Date

4/16/2002

Loan Approval Gross Amount

$251,000

Loan Approval from the SBA

Of the total $251,000 loan amount, the SBA guaranteed $188,250.

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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

We can help you find the best banks for small businesses in Ravenna or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Getting a Small Business Loan

Small Business Banks in Ravenna, Ohio

Getting an SBA Loan in Ohio