SBA lending record

AMOTEC INC.

1701 E 12TH ST Suite 103, Lorain, OH 44052 · Employment Placement Agencies. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.8M

Total SBA financing

Loan on record

FY2023

On record

Jobs supported

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

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The loan

$2,800,000 — FY2023

Gross approval: $2,800,000
SBA guaranteed: $2,100,000 (75%)
Status: Cancelled
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/9/2022
Collateral: Required
Jobs supported: 18
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Employment Placement Agencies
NAICS code: 561311
Lender: Newtek Small Business Finance, Inc.
Address: 1701 E 12TH ST Suite 103
City: Lorain, 44052
County: Lorain
SBA district office: CLEVELAND DISTRICT OFFICE
Congressional district: 4

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

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The banks most active funding employment placement agencies — by location, industry.

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Agent summary

This page summarizes the public SBA 7(a) lending record for AMOTEC INC. in Lorain, OH (Employment Placement Agencies). 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 $2.8M
On record FY2023
18 jobs supported
Industry: Employment Placement Agencies
Location: Lorain, OH
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Employment Placement Agencies businesses in OH for ~$2.8M 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/amotec-inc-oh
API:: https://www.capbench.com/api/public/businesses/amotec-inc-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 AMOTEC INC..