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SBA lending record

A-K-Y Development, Ltd.

162 Commerce Drive, Lagrange, OH 44050 · Iron and Steel Mills and Ferroalloy Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$479K

Total SBA financing

1

Loan on record

FY2022

On record

8

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$478,700 — FY2022

Gross approval: $478,700
SBA guaranteed: $359,025 (75%)
Status: Past due
Rate at approval: 6% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 2/23/2022
First disbursement: 2/28/2022
Days to fund: 5 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 8
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Iron and Steel Mills and Ferroalloy Manufacturing
NAICS code: 331110
Lender: The Huntington National Bank
Address: 162 Commerce Drive
City: Lagrange, 44050
County: Lorain
SBA district office: CLEVELAND DISTRICT OFFICE
Congressional district: 4

The lender

The Huntington National Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding iron and steel mills and ferroalloy manufacturing — by location, industry.

SBA lenders in Ohio Lenders for iron and steel mills and ferroalloy manufacturing Iron and Steel Mills and Ferroalloy Manufacturing lenders in Ohio

Similar businesses

Comparable iron and steel mills and ferroalloy manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

New Age Design & Tool, Inc.

Lagrange, OH· ~0 mi

Iron and Steel Mills and Ferroalloy Manufacturing

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

RR TRADERS & IMPORT EXPORT LLC

Lewis Center, OH· ~89 mi

Iron and Steel Mills and Ferroalloy Manufacturing

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

YAGERBOMB CUSTOMS LLC

Homerville, OH· ~16 mi

Iron and Steel Mills and Ferroalloy Manufacturing

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

Dayton Rogers of Ohio, Inc.

Obetz, OH· ~105 mi

Iron and Steel Mills and Ferroalloy Manufacturing

$770K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

Old Guard Industrial Group, LLC

Indianapolis, IN· ~236 mi

Iron and Steel Mills and Ferroalloy Manufacturing

$487K
SBA financing: ≈ $954K–$1.6M
Est. revenue (rough)

Liberty Steel Fabricating, Inc.

Saint Joseph, MI· ~231 mi

Iron and Steel Mills and Ferroalloy Manufacturing

$700K
SBA financing: ≈ $1.4M–$2.3M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for A-K-Y Development, Ltd. in Lagrange, OH (Iron and Steel Mills and Ferroalloy Manufacturing). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $479K
On record FY2022
8 jobs supported
Industry: Iron and Steel Mills and Ferroalloy Manufacturing
Location: Lagrange, OH
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Iron and Steel Mills and Ferroalloy Manufacturing businesses in OH for ~$479k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/a-k-y-development-ltd-oh
API:: https://www.capbench.com/api/public/businesses/a-k-y-development-ltd-oh
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with A-K-Y Development, Ltd..

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