SBA lending record

K&R SHIPPING LOGISTICS INC

5878 New Haven Dr., Medina, OH 44256 · Specialized Freight (except Used Goods) Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$350,000 — FY2020

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: In workout — SBA bought the guarantee
Rate at approval: 6% v
Term: 56 mo (5 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/22/2020
First disbursement: 5/31/2020
Days to fund: 39 days
Collateral: Required
Sold on secondary market: Yes

The lender

CFBank National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for K&R SHIPPING LOGISTICS INC in Medina, OH (Specialized Freight (except Used Goods) Trucking, Local). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $350K
On record FY2020
20 jobs supported
Industry: Specialized Freight (except Used Goods) Trucking, Local
Location: Medina, OH
Lender: CFBank National Association

Next steps

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