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April 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Akron, Business Loans > Firstmerit Bank Akron Business Loans > Jackson Hewitt Tax Service Loan | ||||
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Wooster, Ohio Bank Loan
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Borrow Money to Buy a Jackson Hewitt Tax Service FranchiseNeed a loan to purchase a Jackson Hewitt Tax Service franchise? Firstmerit Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Wooster, Ohio needed money to invest in a Jackson Hewitt Tax Service franchise back in 2003. Firstmerit Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan. SBA Loan Borrower JACKSON HEWITT TAX SERVICE SBA Loan Lender FIRSTMERIT BANK This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. 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 541213 - Tax Preparation Services Loan Approval Date 11/14/2003 Loan Approval Gross Amount $5,500 Loan Approval from the SBA Of the total $5,500 loan amount, the SBA guaranteed $2,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Jackson Hewitt Tax Service franchise. At the time of the loan, the company had 25 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 20 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Wooster or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Where to Get an SBA Loan in Akron, Ohio
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