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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 |
Growth Capital Corp. © 2009 |