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May 17, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Hamilton, Business Loans > First Finan Bank Hamilton Business Loans > Gift, Novelty, And Souvenir Stores Loan | ||||
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Raising Money in St. John, Indiana With SBA Loans
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Small Business Loans for Gift, Novelty, and Souvenir StoresLooking for small business loans for gift, novelty, and souvenir stores? Talk to a banker who works with the SBA. This $40,000 gift, novelty, and souvenir stores 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 First Finan Bank, out of Hamilton, Ohio. The loan was granted and they received $40,000 to help grow their St. John, Indiana business. SBA Loan Borrower COMPANY TYPE: GIFT, NOVELTY, AND SOUVENIR STORES SBA Loan Lender FIRST FINAN BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453220 - Gift, Novelty, and Souvenir Stores Loan Approval Date 1/16/2004 Loan Approval Gross Amount $40,000 Loan Approval from the SBA Of the total $40,000 loan amount, the SBA guaranteed $34,000. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $40,000 loan. Remember, things become real when you believe you can achieve them! 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:
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