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May 7, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > De Graff, Business Loans > United Midwest Savings Bank De Graff Business Loans > Lawyers Loan | ||||
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Banks in De Graff, Ohio That Make SBA Loans
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Entrepreneur Works With De Graff, Ohio Bank to Get an SBA LoanThinking about meeting with a De Graff, Ohio bank about an SBA loan? Here's one Ohio business loan, issued by a De Graff bank, that was approved by the SBA. Applying for an SBA loan with United Midwest Savings Bank worked out well for our friends at one local business in Sylvania, Ohio. The business was able to get an SBA loan for $410,000. Way to go! SBA Loan Borrower COMPANY TYPE: LAWYERS SBA Loan Lender UNITED MIDWEST SAVINGS BANK This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541110 - Lawyers Loan Approval Date 12/14/2007 Loan Approval Gross Amount $410,000 Loan Approval from the SBA Of the total $410,000 loan amount, the SBA guaranteed $307,500. 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 11 employees. This SBA loan request indicated that the loan would help retain 11 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from United Midwest Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Dealing With Venture Capitalists Find an SBA Lender in De Graff, Ohio SBA Participating Banks in Ohio
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