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April 24, 2024  
 
 
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Entrepreneur Works With Maumee, Ohio Bank to Get an SBA Loan

Want to talk with a Maumee, Ohio bank about an SBA loan? Here's one Ohio business loan, issued by a Maumee bank, that was approved by the SBA.

Applying for an SBA loan with Bank Of Maumee worked out well for our friends at one local company in Sylvania, Ohio. The business was able to get an SBA loan for $30,000. Sweet!

SBA Loan Borrower

COMPANY TYPE: HOME FURNISHINGS STORES
SYLVANIA, OH 43560

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

442299 - Home Furnishings Stores

Loan Approval Date

8/31/2007

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $15,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Obtaining Funding - How to Borrow Money

SBA Banks in Maumee, Ohio

SBA Lenders in Ohio