Carrie Cerino Restaurants Inc.

8922 Ridge Road, North Royalton, OH 44133 · Full-service Restaurants (NAICS 722511)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$2.7M

Jobs Supported

80

Years Active

2012–2015

Loan History (2)

Source: SBA FOIA
7(a)$2,700,000
Charged Off
Approved
Feb 27, 2015 (FY2015)
SBA Guaranteed
$2,025,000 (75%)
Term
259 months (21.6 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
80
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722511)
Charge-off Date
May 16, 2024
Charge-off Amount
$2,430,402

Lender

Independence Bank

1370 S County Trl, East Greenwich, RI 2818

Project Location

Cuyahoga County, OH

7(a)$25,000
Paid in Full
Approved
Mar 28, 2012 (FY2012)
SBA Guaranteed
$12,500 (50%)
Term
60 months (5.0 yrs)
Interest Rate
4.25%
Revolver
1
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722110)
Paid in Full
Sep 30, 2015

Lender

The Huntington National Bank

17 S High St., Columbus, OH 43215

Project Location

Cuyahoga County, OH

Business Details

Business Type
Corporation
NAICS Code
722511 Full-service Restaurants
Address
8922 Ridge Road
North Royalton, OH 44133

Lenders

Independence Bank
1370 S County Trl, East Greenwich, RI 2818
The Huntington National Bank
17 S High St., Columbus, OH 43215

Other SBA Borrowers in North Royalton

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