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May 3, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Defiance, Business Loans > St. Bank & Trust Defiance Business Loans > Grocery Stores Loan | ||||
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Defiance, Ohio SBA 7A Banks
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Defiance, Ohio Bank Lends Money to Grocery Stores Company in Cleveland, OhioWant to talk with a Defiance, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Defiance bank, that was approved by the SBA. Applying for an SBA loan with St. Bank & Trust worked out well for our friends at one local firm in Cleveland, Ohio. They received an SBA loan for $750,000. Nice! SBA Loan Borrower COMPANY TYPE: GROCERY STORES SBA Loan Lender ST. BANK & TRUST This SBA business loan was issued by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA promises a rapid loan approval or denial response. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5411 - Grocery Stores NAICS Code 445110 - Supermarkets and Grocery Stores Loan Approval Date 2/15/2000 Loan Approval Gross Amount $750,000 Loan Approval from the SBA Of the total $750,000 loan amount, the SBA guaranteed $562,500. 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 52 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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 Business Banks in Defiance, Ohio
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