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6.14%
SBA 504 Property Loan
(see requirements)
5.79%
SBA 504 Equipment Loan
4.58%
Ohio 166 Regional Loan
4.25%
Ohio 166 Regional Loan
(see requirements)

 

Growth Capital News

2006-2007 Lender Participation Report

Date: 9/2/2007

Each government-assisted loan that Growth Capital makes requires bank participation for at least 50% of the total financing in the project. Each year Growth Capital recognizes those banks that have supported our efforts through utilization of our lending programs. Below are the banks that have participated in financing a project with Growth Capital from October 1, 2006, through September 30, 2007, along with their number of loans and total loan and project amounts.

2006-2007 Bank Loan Totals
Bank Loans Loan Amounts Project Amounts
Charter One Bank 3 $516,000 $1,280,000
Chase Bank 4 $805,000 $2,745,000
Buckeye Community Bank 0 $0 $0
Croghan Colonial Bank 1 $208,000 $500,000
Dollar Bank 2 $319,000 $800,000
First Place Bank 1 $359,000 $990,666
GE Capital 1 $388,000 $1,250,000
FirstMerit Bank, N.A. 2 $494,000 $1,240,000
Huntington National Bank 6 $2,480,000 $7,136,150
KeyBank 11 $4,648,000 $11,910,000
Lorain National Bank 2 $925,000 $2,375,308
National City Bank 15 $4,763,000 $12,824,050
Middlefield Bank 2 $2,084,000 $6,341,000
Ohio Commerce Bank 1 $455,000 $1,100,000
Parkview Federal 2 $431,000 $1,376,000
Popular Small Business Capital 1 $642,000 $1,777,000
Temecula Bank 2 $1,767,000 $5,272,800
Western Reserve Bank 0 $0 $0
Totals 56 $21,350,000 $59,076,674

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