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April 25, 2024 |
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| Home > Small Business Lenders by State > Maine Business Loan Sources > Cleveland, Business Loans > Keybank National Association Cleveland Business Loans > Full-Service Restaurants Loan | ||||
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Cleveland Bank Loan
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Cleveland, Ohio Lender Lends Money to Full-Service Restaurants CompanyWant to talk with a Cleveland, Ohio bank about a business loan? Here's one Maine 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 company in Windham, Maine. They received an SBA loan for $30,000. Nice! SBA Loan Borrower COMPANY TYPE: FULL-SERVICE RESTAURANTS SBA Loan Lender KEYBANK NATIONAL ASSOCIATION The lender provided this SBA business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 722110 - Full-Service Restaurants Loan Approval Date 12/28/2007 Loan Approval Gross Amount $30,000 Loan Approval from the SBA Of the total $30,000 loan amount, the SBA guaranteed $15,000. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 20 employees. The SBA loan application for the borrower indicated that the loan would help generate 8 new jobs and retain 20 existing jobs. Getting an SBA Loan For Your Business SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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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