Ohio Telecom Inc. Aka Ohio Telcom Inc.

115 W. Second St., Port Clinton, OH 43452 · Telecommunications Resellers (NAICS 517911)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

Total Amount

$2.0M

Jobs Supported

Years Active

2013–2019

Loan History (6)

Source: SBA FOIA

7(a)$325,000

Paid in Full

Approved: May 13, 2019 (FY2019)
SBA Guaranteed: $243,750 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 6.50%
Revolver: 0
Jobs Supported: 2
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Telecommunications Resellers (NAICS 517911)
Paid in Full: Dec 31, 2022

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

Project Location

Ottawa County, OH

7(a)$287,900

Paid in Full

Approved: Feb 22, 2018 (FY2018)
SBA Guaranteed: $215,925 (75%)
Term: 126 months (10.5 yrs)
Interest Rate: 5.50%
Revolver: 0
Jobs Supported: 4
Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
Industry: Telecommunications Resellers (NAICS 517911)
Paid in Full: Dec 31, 2022

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

Project Location

Ottawa County, OH

7(a)$483,900

Paid in Full

Approved: May 9, 2016 (FY2016)
SBA Guaranteed: $362,925 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 5.25%
Revolver: 0
Jobs Supported: 4
Business Type: Corporation
Industry: Telecommunications Resellers (NAICS 517911)
Paid in Full: Dec 31, 2022

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

Project Location

Ottawa County, OH

7(a)$483,900

Cancelled

Approved: Mar 29, 2016 (FY2016)
SBA Guaranteed: $362,925 (75%)
Term: 120 months (10.0 yrs)
Interest Rate: 5.25%
Revolver: 0
Jobs Supported: 4
Business Type: Corporation
Industry: Wired Telecommunications Carriers (NAICS 517110)

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

Project Location

Ottawa County, OH

7(a)$177,000

Paid in Full

Approved: Feb 20, 2015 (FY2015)
SBA Guaranteed: $132,750 (75%)
Term: 66 months (5.5 yrs)
Interest Rate: 4.95%
Revolver: 0
Jobs Supported: 5
Business Type: Corporation
Industry: Telecommunications Resellers (NAICS 517911)
Paid in Full: Feb 29, 2020

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

Project Location

Ottawa County, OH

7(a)$282,000

Paid in Full

Approved: Aug 29, 2013 (FY2013)
SBA Guaranteed: $211,500 (75%)
Term: 65 months (5.4 yrs)
Interest Rate: 4.95%
Revolver: 0
Business Type: Corporation
Industry: Telecommunications Resellers (NAICS 517911)
Paid in Full: Mar 31, 2019

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

Project Location

Ottawa County, OH

Business Details

Business Type: Corporation
Business Age: Existing or More Than 2 Years Old
NAICS Code: 517911 — Telecommunications Resellers
Address: 115 W. Second St.
Port Clinton, OH 43452

Lender

The First National Bank Bellevue

120 North St, Bellevue, OH 44811

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