Axion Wellness LLC
Axion Wellness LLC is a personal care services business in Lakewood, Ohio, classified under NAICS 812199 (Other Personal Care Services). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,199,000, approved on April 1, 2026, with First Federal Savings and Loan Association of Lakewood as the lender and Growth Capital Corp. as the certified development company.
SBA 504 loan, approved Apr 1, 2026
$1,199,000 SBA portionCDC: Growth Capital Corp.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,199,000
- Bank portion
- $1,450,000
- Estimated project size
- $2,943,333 (estimated)
- Estimated owner equity
- $294,333 (estimated, about 10% of the project)
- Bank lender
- First Federal Savings and Loan Association of Lakewood, Lakewood, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 1, 2051 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Project location
- Cuyahoga County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 18% of expansion loans in Other Personal Care Services on this site.
- Average expansion loan in Other Personal Care Services: $1,501,000.
- Average expansion loan in Ohio: $2,096,556.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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