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April 23, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Parsons, Business Loans > Community So. Bank D.B.A Commun Parsons Business Loans > Econo Lodge Urbana Oh Loan | ||||
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How to Get SBA Loans in Urbana, Ohio
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Loan to Buy Choice Hotels International Inc. Franchise Issued By Community So. Bank D.B.A CommunNeed a loan to buy a Choice Hotels International Inc. franchise? Community So. Bank D.B.A Commun has a history of making these loans and they are guaranteed by the SBA. Choice Hotels International Inc. franchise loans are available to Urbana, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Community So. Bank D.B.A Commun, based in Parsons, Tennessee, issued an SBA franchise loan for a Choice Hotels International Inc. franchise in 2006. We've got all the details on this Ohio small business loan. SBA Loan Borrower ECONO LODGE URBANA OH SBA Loan Lender COMMUNITY SO. BANK D.B.A COMMUN This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721110 - Hotels and Motels Loan Approval Date 6/6/2006 Loan Approval Gross Amount $620,000 Loan Approval from the SBA Of the total $620,000 loan amount, the SBA guaranteed $465,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Choice Hotels International Inc. franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Community So. Bank D.B.A Commun 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: Choice Hotels International, Inc. Good Banks for Small Business in Parsons, Tennessee
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