Loan Census Banking News and Information
May 10, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Mason, Ohio Small Business Owners

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Waste Management Services

With these small business loans for waste management services, the SBA guarantees the lender that the loan will be repaid. This waste management services loan for $304,000 was given to an Ohio entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mason, Ohio was able to borrow $304,000 from Oak Hill Banks. The SBA made the loan possible by guaranteeing $228,000 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: SANITARY SERVICES
MASON, OH 45040

SBA Loan Lender

OAK HILL BANKS
4421 ROOSEVELT BLVD, STE A
MIDDLETOWN, OH 45044

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

4959 - Sanitary Services

NAICS Code

562998 - Waste Management Services

Loan Approval Date

11/20/2006

Loan Approval Gross Amount

$304,000

Loan Approval from the SBA

Of the total $304,000 loan amount, the SBA guaranteed $228,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The SBA loan documents did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

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 $304,000 loan. Remember, fight for what you want, and it will be yours!

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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Who Lends Money to Small Businesses in Middletown, Ohio

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