Individual and Family Services Loans

With these loans for individual and family services, the SBA guarantees the lender that the loan will be repaid. This individual and family services loan for $35,500 was given to a Kentucky entrepreneur in 2007.

This small firm knew how to go about getting a business bank loan. Based in Bardstown, Kentucky, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Town & Country Bank & Trust, based in Bardstown, Kentucky.

SBA Loan Borrower

COMPANY TYPE: INDIVIDUAL AND FAMILY SERVICES
BARDSTOWN, KY 40004

SBA Loan Lender

TOWN & COUNTRY BANK & TRUST
201 N 3RD ST
BARDSTOWN, KY 40004

This commercial loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

624190 - Individual and Family Services

Loan Approval Date

8/16/2007

Loan Approval Gross Amount

$35,500

Loan Approval from the SBA

Of the total $35,500 loan amount, the SBA guaranteed $30,175.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the borrowed money would help create 1 new job.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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