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May 16, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Hamilton, Business Loans > First Finan Bank Hamilton Business Loans > Beauty Shops Loan | ||||
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Ohio Bank SBA Loans
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Entrepreneur Works With Hamilton, Ohio Bank to Get an SBA LoanA Hamilton, Ohio business loan can be yours. Learn how a business got a $117,600 business loan from this Ohio bank. This loan to an entrepreneur is a good example of an SBA loan. First Finan Bank made the loan and the SBA guaranteed a portion of the loan. Many other Indiana entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: BEAUTY SHOPS SBA Loan Lender FIRST FINAN BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7231 - Beauty Shops NAICS Code 812112 - Beauty Salons Loan Approval Date 4/4/2002 Loan Approval Gross Amount $117,600 Loan Approval from the SBA Of the total $117,600 loan amount, the SBA guaranteed $99,960. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan application for the borrower 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! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Dyer 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: SBA Approved Banks in Hamilton, Ohio
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