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May 15, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Miamisburg, Business Loans > River Valley Cu Miamisburg Business Loans > Plumbing And Heating Equipment And Supplies Merchant Wholesaler Loan | ||||
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I Need a Business Loan in Mason, Ohio
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Raising Money for Plumbing and Heating Equipment and Supplies Merchant WholesalerLooking for business loans for plumbing and heating equipment and supplies merchant wholesaler? Try the SBA. This $357,000 plumbing and heating equipment and supplies merchant wholesaler loan was issued by an Ohio bank. This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with River Valley Cu, out of Miamisburg, Ohio. The loan was granted and they received $357,000 to help grow their Mason, Ohio business. SBA Loan Borrower COMPANY TYPE: PLUMBING AND HEATING EQUIPMENT AND SUPPLIES MERCHANT WHOLESALER SBA Loan Lender RIVER VALLEY CU The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 423720 - Plumbing and Heating Equipment and Supplies Merchant Wholesaler Loan Approval Date 10/24/2006 Loan Approval Gross Amount $357,000 Loan Approval from the SBA Of the total $357,000 loan amount, the SBA guaranteed $267,750. 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 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Borrowing Money from Friends and Family Who Lends Money to Small Businesses in Miamisburg, Ohio
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