First Federal Savings and Loan Association of Lakewood

OH

SBA-approved lender offering 6 loan programs across 5 industries.

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Key Metrics

Interest Rate

7.71%

0.96% over prime

Average Loan

$344K

Per approval

Total Approvals

11

FY 2025

Loan Programs (6)

Change of Ownership
Existing or more than 2 years old
Fixed Rates
New Business or 2 years or less
Preferred Lenders Program
Loan Funds will Open Business

Industries Served (5)

Furniture Merchant WholesalersLandscaping ServicesNursing Care FacilitiesOther Heavy and Civil Engineering ConstructionRetail Bakeries

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.96%
Effective Rate
7.71%
Fiscal Year
2025
States Served
OH

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