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May 3, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Cleveland, Business Loans > Keybank National Association Cleveland Business Loans > Wood Kitchen Cabinet And Countertop Manufacturing Loan | ||||
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How to Get SBA Loans in Oregon, Ohio
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How to Get a Loan for Wood Kitchen Cabinet and Countertop ManufacturingLooking for commercial loans for wood kitchen cabinet and countertop manufacturing? Try the SBA. This $277,500 wood kitchen cabinet and countertop manufacturing loan was issued by an Ohio bank. Getting a small business loan in Oregon, Ohio was important for this small business back in 2008 and, based on their loan application, they were successful in getting an SBA loan from Keybank National Association, operating out of Cleveland, Ohio. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: WOOD KITCHEN CABINET AND COUNTERTOP MANUFACTURING SBA Loan Lender KEYBANK NATIONAL ASSOCIATION Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 337110 - Wood Kitchen Cabinet and Countertop Manufacturing Loan Approval Date 1/18/2008 Loan Approval Gross Amount $277,500 Loan Approval from the SBA Of the total $277,500 loan amount, the SBA guaranteed $208,125. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 11 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 11 existing jobs. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. While you may be able to find business people willing to loan money, 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. Related Links: Small Business Banks in Cleveland, Ohio
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