Peter & Co. Jewelers, Inc.
Peter & Co. Jewelers, Inc. is a jewelry retailer in Avon, Ohio, in the Jewelry Retailers industry. The company financed real estate or equipment through an SBA 504 loan of $2,108,000, with the loan approved on September 11, 2025, through the lender WesBanco Bank, Inc. and the certified development company Growth Capital Corp.
SBA 504 loan, approved Sep 11, 2025
$2,108,000 SBA portionCDC: Growth Capital Corp.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,108,000
- Bank portion
- $2,566,608
- Estimated project size
- $5,194,009 (estimated)
- Estimated owner equity
- $519,401 (estimated, about 10% of the project)
- Bank lender
- WesBanco Bank, Inc., Wheeling, WV
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 11, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 458310, Jewelry Retailers
- Project location
- Lorain County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-7
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Jewelry Retailers: $2,367,875.
- 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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Same industry in Ohio
- Taylor Made Jewelry, Inc., Akron