Alvada, Ohio Business Gets SBA-Guaranteed Funding from First Fed. Bank - Midwest

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.

This small firm knew how to go about getting a business bank loan. Based in Alvada, Ohio, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was First Fed. Bank - Midwest, based in Maumee, Ohio.

SBA Loan Borrower

COMPANY TYPE: WOOD CONTAINER AND PALLET MANUFACTURING
ALVADA, OH 44802

SBA Loan Lender

FIRST FED. BANK - MIDWEST
417 W DUSSEL DR
MAUMEE, OH 43537

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321920 - Wood Container and Pallet Manufacturing

Loan Approval Date

6/22/2007

Loan Approval Gross Amount

$305,850

Loan Approval from the SBA

Of the total $305,850 loan amount, the SBA guaranteed $229,387.

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 45 employees. The loan application indicated that the loan would help retain 45 existing jobs.

Start the Process for Getting an SBA Loan Today!

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $305,850. How would you spend $305,850 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

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Where to Get an SBA Loan in Maumee, Ohio

Getting an SBA Loan in Ohio