Keybank National Association Provides SBA Loan to Buy Cityq Barbeque Franchise
Need a loan to invest in a Cityq Barbeque franchise? Keybank National Association has a history of making these loans and they are guaranteed by the SBA.
Want to borrow money to buy a Cityq Barbeque franchise? If so, here's a 2005 SBA franchise loan that you should know about. Keybank National Association was the lender and the entrepreneur was based in West Chester, Ohio.
SBA Loan Borrower
CITYQ BARBEQUE
WEST CHESTER, OH 45069
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.
NAICS Code
722211 - Limited-Service Restaurants
Loan Approval Date
5/23/2005
Loan Approval Gross Amount
$207,000
Loan Approval from the SBA
Of the total $207,000 loan amount, the SBA guaranteed $155,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Cityq Barbeque franchise. At the time of the loan, the company
had only one employee. This SBA loan request indicated that the loan would help generate 26 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
This SBA loan was for $207,000. How would you spend $207,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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:
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SBA Banks in Cleveland, Ohio
Ohio SBA 7A Lenders