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| Entrepreneur Resources | National City Bank Orrville Business Loans | ||||
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National City Bank Shreve
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Business Loan from National City Bank Given to Rbb Systems, Inc.National City Bank has a track record as a leading provider of SBA loans. Find out how this Ohio entrepreneur received an SBA loan from them.
Rbb Systems, Inc. knew how to go about getting a business bank loan. Based in Shreve, Ohio, they applied for and received an SBA-guaranteed loan in 2001. The lending bank was National City Bank, based in Orrville, Ohio. SBA Loan Borrower RBB SYSTEMS, INC. SBA Loan Lender NATIONAL CITY BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 335314 - Relay and Industrial Control Manufacturing Loan Approval Date 10/25/2001 Loan Approval Gross Amount $1,000,000 Loan Approval from the SBA Of the total $1,000,000 loan amount, the SBA guaranteed $750,000. More Information on This SBA Loan The borrower, Rbb Systems, Inc., borrowed this money for an existing business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 67 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. Rbb Systems, Inc. got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: SBA Approved Banks in Orrville, Ohio If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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