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April 28, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Plastics Materials And Basic Forms And Shapes Loan | ||||
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Ohio SBA 7A Lenders
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Entrepreneur Works With Cincinnati, Ohio Bank to Get an SBA LoanWant to talk with a Cincinnati, Ohio bank about a business loan? Here's one Texas business loan, issued by a Cincinnati bank, that was approved by the SBA. Applying for an SBA loan with U.S. Bank National Association worked out well for our friends at one local firm in Dallas, Texas. They received an SBA loan for $810,000. Sweet! SBA Loan Borrower COMPANY TYPE: PLASTICS MATERIALS AND BASIC FORMS AND SHAPES SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5162 - Plastics Materials and Basic Forms and Shapes NAICS Code 422610 - Plastics Materials and Basic Forms and Shapes Wholesalers Loan Approval Date 7/19/2000 Loan Approval Gross Amount $810,000 Loan Approval from the SBA Of the total $810,000 loan amount, the SBA guaranteed $607,500. 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 44 employees. The SBA loan application for the borrower indicated that the loan would help retain 44 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours 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:
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