Loan Census Banking News and Information
May 11, 2024  
 
 
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Hamilton, Ohio Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Hamilton, Ohio Lender Lends Money to Radio Broadcasting Stations Company

Want to talk with a Hamilton, Ohio bank about a small business loan? Here's one Indiana business loan, issued by a Hamilton bank, that was approved by the SBA.

Applying for an SBA loan with First Finan Bank worked out well for our friends at one local business in Rochester, Indiana. They got an SBA loan for $95,000. Great job!

SBA Loan Borrower

COMPANY TYPE: RADIO BROADCASTING STATIONS
ROCHESTER, IN 46975

SBA Loan Lender

FIRST FINAN BANK
300 HIGH ST
HAMILTON, OH 45012

This lender issued this particular commercial 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

4832 - Radio Broadcasting Stations

NAICS Code

513112 - Radio Stations

Loan Approval Date

7/26/2001

Loan Approval Gross Amount

$95,000

Loan Approval from the SBA

Of the total $95,000 loan amount, the SBA guaranteed $80,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 6 employees. The loan application did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

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:

Startup Funding Tip

SBA Participating Banks in Hamilton, Ohio

Ohio SBA Bank Lenders