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April 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Upper Sandusky, Business Loans > 1st Cit. National Bank - Upper Sand Upper Sandusky Business Loans > Long John Silvers Loan | ||||
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SBA 7A Banks for Upper Sandusky, Ohio Business Owners
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Ohio Entrepreneur Secures Financing to Buy Long John Silver's FranchiseNeed money to purchase a Long John Silver's franchise? 1st Cit. National Bank - Upper Sand has a history of making these loans and they are guaranteed by the SBA. If you live near Upper Sandusky, Ohio and are interested in buying a Long John Silver's franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2006 by 1st Cit. National Bank - Upper Sand. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower LONG JOHN SILVERS SBA Loan Lender 1ST CIT. NATIONAL BANK - UPPER SAND SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. 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 9/26/2006 Loan Approval Gross Amount $345,000 Loan Approval from the SBA Of the total $345,000 loan amount, the SBA guaranteed $258,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Long John Silver's franchise. At the time of the loan, the company had 54 employees. The loan application did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. 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: Long John Silver's Restaurants, Inc. SBA Approved Banks in Upper Sandusky, Ohio
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