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May 4, 2024  
 
 
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Is It Possible to Borrow Money for a Franchise in Loveland, Ohio?

 

 
Loan Census SBA Loan Info

Loveland, OH Entrepreneur Gets SBA Loan to Buy Cleaning Authority the Franchise

Borrowing money to purchase a Cleaning Authority the franchise? The Huntington National Bank has a history of making these loans and they are guaranteed by the SBA.

If you live near Loveland, Ohio and are interested in buying a Cleaning Authority the franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by The Huntington National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

THE CLEANING AUTHORITY
LOVELAND, OH 45140

SBA Loan Lender

THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219

This lender processed this SBA bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

561720 - Janitorial Services

Loan Approval Date

5/28/2004

Loan Approval Gross Amount

$45,500

Loan Approval from the SBA

Of the total $45,500 loan amount, the SBA guaranteed $22,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cleaning Authority the franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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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