Bank Loans for Business Service Centers
With these bank loans for business service centers, the SBA guarantees the lender that the loan will be repaid. This business service centers loan for $64,700 was given to an Ohio entrepreneur in 2002.
This small firm 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 $64,700 to help grow their Canal Winchester, Ohio business.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SERVICE CENTERS
CANAL WINCHESTER, OH 43110
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
561439 - Business Service Centers
Loan Approval Date
2/21/2002
Loan Approval Gross Amount
$64,700
Loan Approval from the SBA
Of the total $64,700 loan amount, the SBA guaranteed $32,350.
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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 1 existing job.
Start the Process for Getting an SBA Loan Today!
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Keybank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Business Incubators
Where to Get an SBA Loan in Cleveland, Ohio
SBA Participating Banks in Ohio