SBA lending record
Modern Dispense LLC
4125 LORAIN AVE, Cleveland, OH 44113 · Other Commercial Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$473K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$473,000 — FY2023
- Gross approval
- $473,000
- SBA guaranteed
- $354,750 (75%)
- Status
- Current
- Rate at approval
- 11% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/16/2023
- First disbursement
- 7/6/2023
- Days to fund
- 20 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
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 Modern Dispense LLC in Cleveland, OH (Other Commercial Equipment Merchant Wholesalers). 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 $473K
- On record FY2023
- 2 jobs supported
- Industry: Other Commercial Equipment Merchant Wholesalers
- Location: Cleveland, OH
- Lender: CFBank National Association
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Modern Dispense LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Modern Dispense LLC.