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May 12, 2024 |
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| Home > Small Business Lenders by State > Connecticut Business Loan Sources > Hillsboro, Business Loans > Ncb, Fsb Hillsboro Business Loans > Local Passenger Transportation, N.E.C Loan | ||||
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SBA Lenders Ohio
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Entrepreneur Works With Hillsboro, Ohio Bank to Get an SBA LoanA Hillsboro, Ohio SBA loan can be yours. Learn how a company got a $650,000 business loan from this Ohio bank. This loan to a local firm is a good example of an SBA loan. Ncb, Fsb made the loan and the SBA guaranteed a portion of the loan. Many other Connecticut entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take. SBA Loan Borrower COMPANY TYPE: LOCAL PASSENGER TRANSPORTATION, N.E.C SBA Loan Lender NCB, FSB 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 4119 - Local Passenger Transportation, N.E.C NAICS Code 485320 - Limousine Service Loan Approval Date 8/22/2002 Loan Approval Gross Amount $650,000 Loan Approval from the SBA Of the total $650,000 loan amount, the SBA guaranteed $487,500. 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 55 employees. The SBA loan documents did not indicate that the business planned to use the money to add employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. This SBA loan was for $650,000. How would you spend $650,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Find an SBA Lender in Hillsboro, Ohio
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