Loan Census Banking News and Information
December 19, 2024  
 
 
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Ohio SBA Lenders

 

 
Loan Census SBA Loan Info

Brooklyn, Ohio Lender Lends Money to Metal Doors, Sash, Frames, Molding, And Trim Company

Find Brooklyn, Ohio banks that specialize in small business loans and know how to work with entrepreneurs. Key Direct, A Branch Of is one such bank, as evidenced by this SBA loan to one business.

Finding a small business loan in Indianapolis, Indiana starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Key Direct, A Branch Of. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: METAL DOORS, SASH, FRAMES, MOLDING, AND TRIM
INDIANAPOLIS, IN 46256

SBA Loan Lender

KEY DIRECT, A BRANCH OF
4910 TIEDEMAN RD, OH-01-51-06
BROOKLYN, OH 44144

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3442 - Metal Doors, Sash, Frames, Molding, and Trim

NAICS Code

332321 - Metal Window and Door Manufacturing

Loan Approval Date

11/19/2001

Loan Approval Gross Amount

$685,000

Loan Approval from the SBA

Of the total $685,000 loan amount, the SBA guaranteed $409,870.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 22 employees. The loan application did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Key Direct, A Branch Of and they will explain how you can get an SBA loan for your company.

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:

Debt Financing

SBA Approved Banks in Brooklyn, Ohio

Ohio SBA 7A Lenders