Fast Lane Foods, LLC
Fast Lane Foods, LLC is located in Cleveland, Ohio, and operates in the commercial bakeries industry (NAICS 311812). The business was financed with an SBA 7(a) loan for a change of ownership of $1,002,000, approved on January 8, 2026 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Jan 8, 2026
$1,002,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,002,000
- SBA-guaranteed amount
- $751,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.15%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- January 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,237 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 311812, Commercial Bakeries
- Project location
- Cuyahoga County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Commercial Bakeries: $1,736,750.
- Average acquisition loan in Ohio: $1,840,340.
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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