Entrepreneur Works With Cleveland, Ohio Bank to Get an SBA Loan
Want to talk with a Cleveland, Ohio bank about a small business loan? Here's one Indiana 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 firm in Indianapolis, Indiana. They got an SBA loan for $212,300. Nice!
SBA Loan Borrower
COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
Indianapolis, IN 46203
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This lender provides SBA commercial 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.
NAICS Code
238990 - Specialty Trade Contractors
Loan Approval Date
4/10/2006
Loan Approval Gross Amount
$212,300
Loan Approval from the SBA
Of the total $212,300 loan amount, the SBA guaranteed $159,225.
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 10 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Keybank National Association that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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.
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