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May 2, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Toledo, Business Loans > The Huntington National Bank Toledo Business Loans > Specialty Food Stores Loan | ||||
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The Huntington National Bank
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Sylvania, Ohio Business Gets SBA-Guaranteed Funding from The Huntington National BankAn SBA loan from The Huntington National Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Sylvania, Ohio business owner got a $677,000 loan. This growing company knew how to go about getting a business bank loan. Based in Sylvania, Ohio, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was The Huntington National Bank, based in Toledo, Ohio. SBA Loan Borrower COMPANY TYPE: SPECIALTY FOOD STORES SBA Loan Lender THE HUNTINGTON NATIONAL BANK This SBA business loan was provided by financing institution with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445299 - Specialty Food Stores Loan Approval Date 2/26/2007 Loan Approval Gross Amount $677,000 Loan Approval from the SBA Of the total $677,000 loan amount, the SBA guaranteed $507,750. 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 30 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from The Huntington National 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: SBA 7A Banks for Toledo, Ohio Loans
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