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May 5, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > De Graff, Business Loans > United Midwest Savings Bank De Graff Business Loans > Veterinary Services Loan | ||||
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Columbus, Ohio Bank for SBA Loans
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Company Gets an Ohio Business LoanSBA loans in Ohio are are few and far betweeen these days. We take a look at one Ohio SBA loan, provided by an Ohio bank, that was approved by the SBA. Getting a small business loan in Columbus, Ohio was a top priority for this particular business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from United Midwest Savings Bank. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: VETERINARY SERVICES SBA Loan Lender UNITED MIDWEST SAVINGS BANK This debt financing was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541940 - Veterinary Services Loan Approval Date 2/6/2002 Loan Approval Gross Amount $440,000 Loan Approval from the SBA Of the total $440,000 loan amount, the SBA guaranteed $330,000. 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 12 employees. This SBA loan request did not indicate that the business promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like United Midwest Savings Bank and they will explain how you can get an SBA loan for your company. 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: Microlending as a Small Business Funding Source Best Banks for Small Business in De Graff, Ohio
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