Keybank National Association SBA Loan to Wood Window And Door Manufacturing Company
Keybank National Association and the SBA work together to get business loans for growing small businesses. Here's an example of how an Idaho entrepreneur was able to get a loan to take a small business to the next level.
This growing company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Keybank National Association, out of Cleveland, Ohio. The loan was granted and they received $21,000 to help grow their Buhl, Idaho business.
SBA Loan Borrower
COMPANY TYPE: WOOD WINDOW AND DOOR MANUFACTURING
BUHL, ID 83316
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
The lender provided this debt financing 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
321911 - Wood Window and Door Manufacturing
Loan Approval Date
12/10/2002
Loan Approval Gross Amount
$21,000
Loan Approval from the SBA
Of the total $21,000 loan amount, the SBA guaranteed $10,500.
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 5 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Next Steps for Getting an SBA Loan
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.
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Role of Business Plan When Raising Money
SBA Banks in Cleveland, Ohio
SBA Lenders in Ohio