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| Entrepreneur Resources | National City Bank Orrville Business Loans | ||||
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Wooster, Ohio Bank Loan
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National City Bank Gives SBA Loan to Tri M Block & Supply, Inc.Want an Ohio bank loan? This Ohio entrepreneur got a bank loan, provided by an Ohio bank that works with the SBA to help small business owners.
You can learn something about getting a small business loan in Wooster, Ohio by studying this loan to Tri M Block & Supply, Inc., made back in 2002. Banks like National City Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower TRI M BLOCK & SUPPLY, INC. SBA Loan Lender NATIONAL CITY BANK This SBA 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 327331 - Concrete Block and Brick Manufacturing Loan Approval Date 10/18/2002 Loan Approval Gross Amount $315,000 Loan Approval from the SBA Of the total $315,000 loan amount, the SBA guaranteed $236,250. More Information on This SBA Loan The borrower, Tri M Block & Supply, Inc., borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 16 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees. This loan was paid in full, and was closed out on 12/3/2003. Getting an SBA Loan For Your Business 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. We've showcased information on this loan to Tri M Block & Supply, Inc. 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 SBA loan database. Related Links: Obtaining Funding - How to Decide How Much to Raise 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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