Loan Census Banking News and Information
May 5, 2024  
 
 
  Business Loan Information  
 

Ohio Small Business Funding

 

 
Loan Census SBA Loan Info

Financing for Glass and Glazing Contractors

Looking for commercial loans for glass and glazing contractors? Try the SBA. This $1,342,800 glass and glazing contractors loan was issued by an Ohio bank.

This business knew how to go about getting a business bank loan. Based in Westerville, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Huntington National Bank, based in Columbus, Ohio.

SBA Loan Borrower

COMPANY TYPE: GLASS AND GLAZING CONTRACTORS
Westerville, OH 43081

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219

This lender provides SBA commercial loans 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

238150 - Glass and Glazing Contractors

Loan Approval Date

2/5/2007

Loan Approval Gross Amount

$1,342,800

Loan Approval from the SBA

Of the total $1,342,800 loan amount, the SBA guaranteed $1,007,100.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 47 employees. The loan application indicated that the loan would help retain 47 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like The Huntington National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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:

Business Incubators

Best Banks for Small Business in Columbus, Ohio

Ohio SBA Bank Lenders