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May 11, 2024 |
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| Home > Small Business Lenders by State > Montana Business Loan Sources > Cincinnati, Business Loans > U.S. Bank National Association Cincinnati Business Loans > Jewelry Stores Loan | ||||
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Cincinnati, Ohio SBA Banks
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Cincinnati, Ohio Lender Lends Money to Jewelry Stores CompanyThinking about meeting with a Cincinnati, Ohio bank about a business loan? Here's one Montana 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 company in Great Falls, Montana. They got an SBA loan for $52,500. Awesome! SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender U.S. BANK NATIONAL ASSOCIATION This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448310 - Jewelry Stores Loan Approval Date 2/5/2004 Loan Approval Gross Amount $52,500 Loan Approval from the SBA Of the total $52,500 loan amount, the SBA guaranteed $44,625. 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 4 employees. This SBA loan request did not indicate that the small business promised to use the money to hire new employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. We can help you find the best banks for small businesses in Great Falls 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: Best Cincinnati, Ohio Banks for Small Business
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