Innovative Sport Surfacing Llc

8425 Station St, Mentor, OH 44060 · All Other Specialty Trade Contractors (NAICS 238990)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$2.8M

Jobs Supported

79

Years Active

2023–2024

Loan History (3)

Source: SBA FOIA
7(a)$125,000
Exempt
Approved
Apr 8, 2024 (FY2024)
SBA Guaranteed
$62,500 (50%)
Term
72 months (6.0 yrs)
Interest Rate
14.50%
Revolver
1
Jobs Supported
25
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Specialty Trade Contractors (NAICS 238990)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Lake County, OH

7(a)$1,950,000
Exempt
Approved
May 2, 2024 (FY2024)
SBA Guaranteed
$1,462,500 (75%)
Term
308 months (25.7 yrs)
Interest Rate
11.50%
Revolver
0
Jobs Supported
35
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Specialty Trade Contractors (NAICS 238990)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Lake County, OH

7(a)$700,000
Exempt
Approved
Jul 12, 2023 (FY2023)
SBA Guaranteed
$525,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
11.25%
Revolver
0
Jobs Supported
19
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Commercial and Institutional Building Construction (NAICS 236220)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Lake County, OH

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
238990 All Other Specialty Trade Contractors
Address
8425 Station St
Mentor, OH 44060

Lender

Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131

Other SBA Borrowers in Mentor

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