Western Reserve Distillers Llc
14221 Madison Avenue, Lakewood, OH 44107 · Distilleries (NAICS 312140)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$1.9M
Jobs Supported
33
Years Active
2019–2025
Loan History (5)
Source: SBA FOIA7(a)$150,000
Exempt
- Approved
- Jan 10, 2025 (FY2025)
- SBA Guaranteed
- $127,500 (85%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 9.50%
- Revolver
- 0
- Jobs Supported
- 1
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Distilleries (NAICS 312140)
Lender
Keybank National Association
127 Public Sq, Cleveland, OH 44114
Project Location
Cuyahoga County, OH
7(a)$500,000
Exempt
- Approved
- Apr 7, 2022 (FY2022)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 5.00%
- Revolver
- 1
- Jobs Supported
- 2
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Distilleries (NAICS 312140)
Lender
Keybank National Association
127 Public Sq, Cleveland, OH 44114
Project Location
Cuyahoga County, OH
7(a)$750,000
Paid in Full
- Approved
- Apr 9, 2021 (FY2021)
- SBA Guaranteed
- $675,000 (90%)
- Term
- 87 months (7.3 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 24
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Distilleries (NAICS 312140)
- Paid in Full
- Jun 30, 2022
Lender
First Commonwealth Bank
654 Philadelphia St, Indiana, PA 15701
Project Location
Cuyahoga County, OH
7(a)$250,000
Cancelled
- Approved
- Mar 20, 2020 (FY2020)
- SBA Guaranteed
- $187,500 (75%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 6.75%
- Revolver
- 0
- Jobs Supported
- 3
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Distilleries (NAICS 312140)
Lender
First Commonwealth Bank
654 Philadelphia St, Indiana, PA 15701
Project Location
Cuyahoga County, OH
7(a)$250,000
Paid in Full
- Approved
- Oct 24, 2018 (FY2019)
- SBA Guaranteed
- $125,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.00%
- Revolver
- 1
- Jobs Supported
- 3
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Distilleries (NAICS 312140)
- Paid in Full
- Jul 31, 2022
Lender
First Commonwealth Bank
654 Philadelphia St, Indiana, PA 15701
Project Location
Cuyahoga County, OH
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 312140 — Distilleries
- Address
- 14221 Madison Avenue
Lakewood, OH 44107
Lenders
- Keybank National Association
- 127 Public Sq, Cleveland, OH 44114
- First Commonwealth Bank
- 654 Philadelphia St, Indiana, PA 15701