Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

SBA Lenders Ohio

 

 
Loan Census SBA Loan Info

Brooklyn, Ohio Lender Lends Money to Specialty Trade Contractors Company

A Brooklyn, Ohio SBA loan can be yours. Learn how one firm got a $319,900 business loan from this Ohio bank.

This loan to a local firm is a good example of an SBA loan. Keybank National Association made the loan and the SBA guaranteed a portion of the loan. Many other Maine entrepreneurs have gotten similar loans. If you need money for a business, this may be the best route to take.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
WARREN, ME 04864

SBA Loan Lender

KEYBANK NATIONAL ASSOCIATION
4900 TIEDMAN RD
BROOKLYN, OH 44144

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan for a small business was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

8/14/2006

Loan Approval Gross Amount

$319,900

Loan Approval from the SBA

Of the total $319,900 loan amount, the SBA guaranteed $239,925.

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 4 employees. This SBA loan request did not indicate that the small business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Raising VC Money for Social Networking Companies

Who Lends Money to Small Businesses in Brooklyn, Ohio

Getting an SBA Loan in Ohio