Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Best Banks for Miamisburg, Ohio Businesses

 

 
Loan Census SBA Loan Info

Miamisburg, OH Entrepreneur Gets SBA Loan to Buy Roly Poly Rolled Sandwiches Franchise

Borrowing money to invest in a Roly Poly Rolled Sandwiches franchise? Fifth Third Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Miamisburg, Ohio needed money to invest in a Roly Poly Rolled Sandwiches franchise back in 2002. Fifth Third Bank issued an SBA franchise loan. Here are the details on this Ohio small business loan.

SBA Loan Borrower

GUEHL INVESTMENTS INC
MIAMISBURG, OH 45342

SBA Loan Lender

FIFTH THIRD BANK
110 N MAIN ST
DAYTON, OH 45402

This lender issued this particular SBA loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5812 - Eating Places

NAICS Code

722211 - Limited-Service Restaurants

Loan Approval Date

11/29/2002

Loan Approval Gross Amount

$85,300

Loan Approval from the SBA

Of the total $85,300 loan amount, the SBA guaranteed $72,505.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Roly Poly Rolled Sandwiches franchise. At the time of the loan, the company had 9 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Fifth Third Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Roly Poly Rolled Sandwiches

Direct Public Offerings

Best Banks in Dayton, Ohio

Find an SBA Lender in Ohio