Entrepreneur Works With Cleveland, Ohio Bank to Get an SBA Loan
Get to know Cleveland, Ohio banks that specialize in SBA loans and know how to work with entrepreneurs. Keybank National Association is one such bank, as evidenced by this SBA loan to a growing company.
Finding a small business loan in Twin Falls, Idaho starts with an understanding of who else has gotten loans in the area. In this case, a small company received funding from Keybank National Association. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.
SBA Loan Borrower
COMPANY TYPE: NONDURABLE GOODS
TWIN FALLS, ID 83301
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5199 - Nondurable Goods
Loan Approval Date
5/31/2000
Loan Approval Gross Amount
$346,500
Loan Approval from the SBA
Of the total $346,500 loan amount, the SBA guaranteed $259,875.
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 22 employees. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 22 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.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $346,500 loan. Remember, if it to be, it is up to me!
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:
Determining Proper Capital Structure for a Business
Banks in Cleveland, Ohio
SBA Lenders in Ohio