Entrepreneur Works With Cleveland, Ohio Bank to Get an SBA Loan
Thinking about meeting with a Cleveland, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Cleveland bank, that was approved by the SBA.
Applying for an SBA loan with National City Bank worked out well for our friends at one local business in Louisville, Ohio. They got an SBA loan for $14,700. Nice!
SBA Loan Borrower
COMPANY TYPE: WOMEN'S, GIRLS', AND INFANTS' CUT AND SEW APPAREL CONTRACTORS
LOUISVILLE, OH 44641
SBA Loan Lender
NATIONAL CITY BANK
1900 E 9TH ST
CLEVELAND, OH 44114
This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
315212 - Women's, Girls', and Infants' Cut and Sew Apparel Contractors
Loan Approval Date
3/25/2004
Loan Approval Gross Amount
$14,700
Loan Approval from the SBA
Of the total $14,700 loan amount, the SBA guaranteed $7,350.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $14,700 loan. Remember, if it to be, it is up to me!
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.
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