Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Cleveland, Ohio Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Cleveland, Ohio Bank Lends Money to Food Service Contractors Company in Toledo, Ohio

Want to talk with a Cleveland, Ohio bank about a small business loan? Here's one Ohio business loan, issued by a Cleveland bank, that was approved by the SBA.

Applying for an SBA loan with Keybank National Association worked out well for our friends at one local business in Toledo, Ohio. They received an SBA loan for $90,500. Awesome!

SBA Loan Borrower

COMPANY TYPE: FOOD SERVICE CONTRACTORS
TOLEDO, OH 43604

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This lender processed this SBA 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

722310 - Food Service Contractors

Loan Approval Date

10/25/2002

Loan Approval Gross Amount

$90,500

Loan Approval from the SBA

Of the total $90,500 loan amount, the SBA guaranteed $45,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 16 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 16 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide smart, affordable business financing for small businesses looking to expand.

This SBA loan was for $90,500. How would you spend $90,500 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Direct Public Offerings

Best Banks for Small Business in Cleveland, Ohio

Ohio SBA 7A Banks