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April 27, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cleveland, Business Loans > National City Bank Cleveland Business Loans > Jmj Pets, Inc. Loan | ||||
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How Much Does It Cost to Buy a Franchise in Westerville, Ohio?
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National City Bank Provides SBA Loan to Buy Petland FranchiseNeed money to purchase a Petland franchise? National City Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Westerville, Ohio and are interested in buying a Petland franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by National City Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower JMJ PETS, INC. SBA Loan Lender NATIONAL CITY BANK This 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 453910 - Pet and Pet Supplies Stores Loan Approval Date 11/19/2004 Loan Approval Gross Amount $229,000 Loan Approval from the SBA Of the total $229,000 loan amount, the SBA guaranteed $114,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Petland franchise. At the time of the loan, the company had 52 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Small Bank Loans in Cleveland, Ohio
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