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5.213%
SBA 504 Property Loan
(see requirements)
4.17%
SBA 504 Equipment Loan
3.00%
Ohio 166 Regional Loan
3.00%
Ohio 166 Regional Loan
(see requirements)

 

Growth Capital News

2007-2008 Lender Participation Report

Date: 10/2/2008

Each 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, 2007, through September 30, 2008, along with their number of loans and total loan and project amounts.

2007-2008 Bank Loan Totals
Bank Loans Loan Amounts Project Amounts
American National Bank 1 $173,000 $415,000
Chase Bank 3 $1,862,000 $5,355,000
Buckeye Community Bank 0 $0 $0
Croghan Colonial Bank 2 $1,474,000 $4,700,000
Dollar Bank 4 $857,000 $2,067,000
FirstMerit Bank 3 $1,100,000 $2,917,554
GE Capital 0 $0 $0
Lake National Bank 1 $166,000 $399,500
Huntington National Bank 9 $2,233,000 $5,720,500
KeyBank 5 $1,590,000 $4,850,883
Lorain National Bank 2 $437,000 $1,055,000
National City Bank 19 $6,379,000 $17,539,650
Middlefield Bank 0 $0 $0
Ohio Commerce Bank 1 $235,000 $568,000
Parkview Federal 2 $431,000 $1,376,000
Popular Small Business Capital 1 $443,000 $1,142,000
Temecula Bank 2 $341,000 $820,000
US Bank 1 $250,000 $843,540
United Bank 1 $422,000 $1,175,000
Wayne Savings Bank 1 $280,000 $775,000
Totals 56 $18,530,270 $50,344,541

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