Keybank National Association Provides SBA Loan to Buy Ace Hardware Franchise

Need money to purchase an Ace Hardware franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.

Ace Hardware franchise loans are available to Dover-Foxcroft, Maine entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Keybank National Association, based in Cleveland, Ohio, issued an SBA franchise loan for an Ace Hardware franchise in 2007. We've got all the details on this Maine small business loan.

SBA Loan Borrower

ROBINSON ENTERPRISES LLC AND WEBBER ACE HA
Dover-Foxcroft, ME 04426

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114

This business 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

444130 - Hardware Stores

Loan Approval Date

8/24/2007

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 an existing business. This loan was used to buy an Ace Hardware franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 16 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This SBA loan was for $25,000. How would you spend $25,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

ACE Hardware

How to Raise Money

Who Lends Money to Small Businesses in Cleveland, Ohio

Ohio SBA 7A Banks