 |
 |
November 14, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Colorado Business Loan Sources > Cleveland, Business Loans > Keybank National Association Cleveland Business Loans > Transportation Equipment And Supplies Wholesalers Loan | ||||
 |
||||
Keybank National Association
|
||||
 |
Keybank National Association SBA Loan to Transportation Equipment And Supplies Wholesalers CompanyKeybank National Association is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Colorado entrepreneur who tapped into the power of SBA loans. This growing company knew how to go about getting a business bank loan. Based in Sedalia, Colorado, they applied for and received an SBA-guaranteed loan in 2002. The lending bank was Keybank National Association, based in Cleveland, Ohio. SBA Loan Borrower COMPANY TYPE: TRANSPORTATION EQUIPMENT AND SUPPLIES WHOLESALERS SBA Loan Lender KEYBANK NATIONAL ASSOCIATION This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 421860 - Transportation Equipment and Supplies Wholesalers Loan Approval Date 7/17/2002 Loan Approval Gross Amount $22,300 Loan Approval from the SBA Of the total $22,300 loan amount, the SBA guaranteed $11,150. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business If you are raising money in Sedalia CO, you ought to talk with a local Sedalia SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sedalia businesses. If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Keybank National Association so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: Small Bank Loans in Cleveland, Ohio
|
|
||
|
||||
|
|
||||