Loan Census Banking News and Information
May 1, 2024  
 
 
  Business Loan Information  
 

Ohio Small Business Funding

 

 
Loan Census SBA Loan Info

How to Get a Loan for Roofing, Siding, and Sheet Metal Contractors

Looking for business loans for roofing, siding, and sheet metal contractors? Talk to a banker who works with the SBA. This $210,500 roofing, siding, and sheet metal contractors loan was issued by an Ohio bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Strongsville, Ohio was able to borrow $210,500 from Keybank National Association. The SBA made the loan possible by guaranteeing $157,875 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: ROOFING, SIDING, AND SHEET METAL CONTRACTORS
STRONGSVILLE, OH 44136

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235610 - Roofing, Siding, and Sheet Metal Contractors

Loan Approval Date

11/15/2001

Loan Approval Gross Amount

$210,500

Loan Approval from the SBA

Of the total $210,500 loan amount, the SBA guaranteed $157,875.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 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.

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:

Famous Venture Capitalists

Best Banks in Cleveland, Ohio

SBA Lenders in Ohio