Loan to Buy Woodcraft Franchise Corporation Franchise Issued By Keybank National Association

Need money to invest in a Woodcraft Franchise Corporation franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Woodcraft Franchise Corporation franchise loans are available to Toledo, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Keybank National Association, based in Cleveland, Ohio, issued an SBA franchise loan for a Woodcraft Franchise Corporation franchise in 2006. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

ELF WORKS, INC. DBA WOODCRAFT
Toledo, OH 43615

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

The lender provided this 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

451120 - Hobby, Toy, and Game Stores

Loan Approval Date

8/21/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Woodcraft Franchise Corporation franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 7 new jobs and retain 2 existing jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours 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 Loan

SBA Approved Banks in Cleveland, Ohio

Ohio SBA Bank Lenders