Business Loan from First Fed. Bank - Midwest Given to Store Retailers Company

First Fed. Bank - Midwest has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Van Buren Po Box, Ohio was able to borrow $738,900 from First Fed. Bank - Midwest. The SBA made the loan possible by guaranteeing $554,175 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: STORE RETAILERS
VAN BUREN PO BOX, OH 45889

SBA Loan Lender

FIRST FED. BANK - MIDWEST
3900 N MAIN ST
FINDLAY, OH 45840

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide bank loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453998 - Store Retailers

Loan Approval Date

6/6/2006

Loan Approval Gross Amount

$738,900

Loan Approval from the SBA

Of the total $738,900 loan amount, the SBA guaranteed $554,175.

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 4 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into First Fed. Bank - Midwest and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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.

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Small Business Banks in Findlay, Ohio

Ohio SBA Banks