Cleveland, Ohio Bank Lends Money to Highway And Street Construction Company in Canton, Ohio
Get SBA loans from a Cleveland, Ohio bank that knows how to treat small business owners right! If this firm can get a loan, there's no reason you can't do it too.
Keybank National Association is a Cleveland, Ohio small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to an Ohio company.
SBA Loan Borrower
COMPANY TYPE: HIGHWAY AND STREET CONSTRUCTION
CANTON, OH 44708
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
1611 - Highway and Street Construction
NAICS Code
234110 - Highway and Street Construction
Loan Approval Date
7/7/2000
Loan Approval Gross Amount
$498,000
Loan Approval from the SBA
Of the total $498,000 loan amount, the SBA guaranteed $373,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 18 employees. The SBA loan documents indicated that the loan would help generate 32 new jobs and retain 18 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Keybank National Association are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:
Determining Proper Capital Structure for a Business
Where to Get an SBA Loan in Cleveland, Ohio
Ohio SBA 7A Banks