Cleveland, Ohio Bank Lends Money to Automotive Body, Paint, And Interior Repair And Maintenance Company in Denver, Colorado
Thinking about meeting with a Cleveland, Ohio bank about a small business loan? Here's one Colorado 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 business in Denver, Colorado. They got an SBA loan for $174,700. Nice!
SBA Loan Borrower
COMPANY TYPE: AUTOMOTIVE BODY, PAINT, AND INTERIOR REPAIR AND MAINTENANCE
DENVER, CO 80207
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
811121 - Automotive Body, Paint, and Interior Repair and Maintenance
Loan Approval Date
8/6/2003
Loan Approval Gross Amount
$174,700
Loan Approval from the SBA
Of the total $174,700 loan amount, the SBA guaranteed $131,025.
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 8 employees. The loan application indicated that the loan would help generate 9 new jobs and retain 8 existing jobs.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? 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:
Microlending as a Small Business Funding Source
SBA Banks in Cleveland, Ohio
SBA Lenders in Ohio