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May 16, 2024  
 
 
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We Needed a Commercial Loan in Beavercreek, Ohio and We Got One!

 

 
Loan Census SBA Loan Info

SBA Loans for Furniture Stores

Looking for SBA loans for furniture stores? Try the SBA. This $35,000 furniture stores loan was issued by an Ohio bank.

This small business knew how to go about getting a business bank loan. Based in Beavercreek, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Liberty Savings Bank, F.S.B., based in Wilmington, Ohio.

SBA Loan Borrower

COMPANY TYPE: FURNITURE STORES
BEAVERCREEK, OH 45432

SBA Loan Lender

LIBERTY SAVINGS BANK, F.S.B.
2251 ROMBACH AVE
WILMINGTON, OH 45177

This lender processed this bank 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

442110 - Furniture Stores

Loan Approval Date

2/21/2007

Loan Approval Gross Amount

$35,000

Loan Approval from the SBA

Of the total $35,000 loan amount, the SBA guaranteed $17,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Beavercreek OH, you ought to talk with a local Beavercreek SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beavercreek businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $35,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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