Skyland Education LLC
Skyland Education LLC, located in Twinsburg, Ohio, operates in the cosmetology and barber schools industry. The company financed real estate or equipment through an SBA 504 loan of $1,234,000, with a total project amount of $1,500,000, approved with CNB Bank as the lender and Growth Capital Corp. as the certified development company on September 4, 2025. The business is listed as a franchise of Paul Mitchell The School Franchise System.
SBA 504 loan, approved Sep 4, 2025
$1,234,000 SBA portionCDC: Growth Capital Corp.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,234,000
- Bank portion
- $1,500,000
- Estimated project size
- $3,037,778 (estimated)
- Estimated owner equity
- $303,778 (estimated, about 10% of the project)
- Bank lender
- CNB Bank, Clearfield, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 4, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 611511, Cosmetology and Barber Schools
- Franchise
- Paul Mitchell The School Franchise System
- Project location
- Summit County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-14
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Cosmetology and Barber Schools: $1,533,167.
- 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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