SBA lending record
Modern Dispense LLC
4125 LORAIN AVE, Cleveland, OH 44113 · Other Commercial Equipment Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$473K
Total SBA financing
1
Loan on record
FY2023
On record
2
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Modern Dispense LLC your business?
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The loan
$473,000 — FY2023
- Gross approval
- $473,000
- SBA guaranteed
- $354,750 (75%)
- Status
- Current
- Rate at approval
- 11% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/16/2023
- First disbursement
- 7/6/2023
- Days to fund
- 20 days
- Collateral
- Required
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Other Commercial Equipment Merchant Wholesalers
- NAICS code
- 423440
- Address
- 4125 LORAIN AVE
- City
- Cleveland, 44113
- County
- Cuyahoga
- SBA district office
- CLEVELAND DISTRICT OFFICE
- Congressional district
- 11
The lender
CFBank National Association
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 other commercial equipment merchant wholesalers — by location, industry.
Similar businesses
Comparable other commercial equipment merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
TERNION INCORPORATED
Parma, OH· ~6 mi
Other Commercial Equipment Merchant Wholesalers
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Triad Laundry Equipment LLC
Akron, OH· ~27 mi
Other Commercial Equipment Merchant Wholesalers
- $577K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
COAST 2 COAST FORKLIFTS, LTD.
Wickliffe, OH· ~15 mi
Other Commercial Equipment Merchant Wholesalers
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Elite Machinery Systems LLC
Strongsville, OH· ~13 mi
Other Commercial Equipment Merchant Wholesalers
- $100K
- SBA financing
- ≈ $196K–$327K
- Est. revenue (rough)
12400 Plaza Dr. LLC
Parma, OH· ~6 mi
Other Commercial Equipment Merchant Wholesalers
- $3.2M
- SBA financing
- ≈ $6.3M–$11M
- Est. revenue (rough)
The Dean Supply Co.
Cleveland, OH· ~3 mi
Other Commercial Equipment Merchant Wholesalers
- $4.0M
- SBA financing
- ≈ $7.9M–$13M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Modern Dispense LLC in Cleveland, OH (Other Commercial Equipment Merchant Wholesalers). 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 $473K
- On record FY2023
- 2 jobs supported
- Industry: Other Commercial Equipment Merchant Wholesalers
- Location: Cleveland, OH
- Lender: CFBank National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Commercial Equipment Merchant Wholesalers businesses in OH for ~$473k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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.
Is Modern Dispense LLC your business?
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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 Modern Dispense LLC.