Atlantic Food Distributors
Atlantic Food Distributors is a wholesaler in North Canton, Ohio, in the other grocery and related products merchant wholesalers industry. In June 2025 the company was approved for an SBA 504 loan to finance real estate or equipment, with an SBA portion of $4,999,000 through Cascade Capital Corporation and a bank portion from KeyBank National Association.
SBA 504 loan, approved Jun 18, 2025
$4,999,000 SBA portionCDC: Cascade Capital Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,999,000
- Bank portion
- $10,520,000
- Estimated project size
- $17,243,333 (estimated)
- Estimated owner equity
- $1,724,333 (estimated, about 10% of the project)
- Bank lender
- KeyBank National Association, Cleveland, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- June 18, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 424490, Other Grocery and Related Products Merchant Wholesalers
- Project location
- Summit County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-7
- Collateral
- Yes
Estimated share of project by source
Bank 61% SBA (CDC) 29% Owner 10%
- Larger than 83% of expansion loans in Other Grocery and Related Products Merchant Wholesalers on this site.
- Average expansion loan in Other Grocery and Related Products Merchant Wholesalers: $2,831,667.
- 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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