Loan Census Banking News and Information
May 1, 2024  
 
 
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Cleveland, Ohio SBA 7A Banks

 

 
Loan Census SBA Loan Info

Entrepreneur Works With Cleveland, Ohio Bank to Get an SBA Loan

Get SBA loans from a Cleveland, Ohio bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.

Keybank National Association is a Cleveland, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Oregon company.

SBA Loan Borrower

COMPANY TYPE: FINISH CARPENTRY CONTRACTORS
Damascus, OR 97089

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender processed this small business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

238350 - Finish Carpentry Contractors

Loan Approval Date

8/6/2007

Loan Approval Gross Amount

$15,000

Loan Approval from the SBA

Of the total $15,000 loan amount, the SBA guaranteed $7,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

If you need business start up money in Damascus OR, you ought to talk with a local Damascus SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Damascus businesses.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

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