 |
 |
May 1, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Ohio Business Loan Sources > San Jose, Business Loans > Wells Fargo Bank San Jose Business Loans > Plumbing, Heating, And Air-Conditioning Contractors Loan | ||||
 |
||||
We Needed a Business Loan in Columbus, Ohio and We Got One!
|
||||
 |
Raising Money for Plumbing, Heating, and Air-Conditioning ContractorsLooking for business loans for plumbing, heating, and air-conditioning contractors? The SBA may be the answer. This $15,000 plumbing, heating, and air-conditioning contractors loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Columbus, Ohio was able to borrow $15,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $7,500 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS SBA Loan Lender WELLS FARGO BANK The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 238220 - Plumbing, Heating, and Air-Conditioning Contractors Loan Approval Date 1/18/2005 Loan Approval Gross Amount $15,000 Loan Approval from the SBA Of the total $15,000 loan amount, the SBA guaranteed $7,500. 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 23 employees. The SBA loan documents indicated that the loan would help retain 23 existing jobs. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. We can help you find the best banks for small businesses in Columbus 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: Realistic Debt Financing Options Best Banks for Small Business in San Jose, California Getting a Business Loan in California
|
|
||
|
||||
|
|
||||