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November 15, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Clinton, Business Loans > First Commun Bank - Western Kent Clinton Business Loans > Family Clothing Stores Loan | ||||
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Best Banks That Lend to Kentucky Business Owners
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Arlington, Kentucky Entrepreneur Gets a Business LoanKentuckyBusiness loans are available to Kentucky business owners through the SBA. In this case, a Kentucky bank provides the loan. You can learn something about getting a small business loan in Arlington, Kentucky by studying this loan to a local business, made back in 2000. Banks like First Commun Bank - Western Kent may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: FAMILY CLOTHING STORES SBA Loan Lender FIRST COMMUN BANK - WESTERN KENT This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5651 - Family Clothing Stores NAICS Code 448140 - Family Clothing Stores Loan Approval Date 2/17/2000 Loan Approval Gross Amount $112,000 Loan Approval from the SBA Of the total $112,000 loan amount, the SBA guaranteed $84,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request did not indicate that the company promised to use the money to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Who Lends Money to Small Businesses in Clinton, Kentucky
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