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May 1, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Grove City, Business Loans > Heartland Bank Grove City Business Loans > Signs And Advertising Specialties Loan | ||||
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Ohio Small Business SBA Loans
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Ohio Bank Loan Issued to Signs And Advertising Specialties CompanyOhioBusiness loans are available to Ohio business owners through the SBA. In this case, an Ohio bank provides the loan. Getting a small business loan in Reynoldsburg, Ohio was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Heartland Bank. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: SIGNS AND ADVERTISING SPECIALTIES SBA Loan Lender HEARTLAND BANK This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3993 - Signs and Advertising Specialties Loan Approval Date 9/29/2000 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $12,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the small business promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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: Raising VC Money for Social Networking Companies
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