Bowling Green, Kentucky Bank Gives SBA Loan to Human Resources Consulting Services Company

Get to know Bowling Green, Kentucky banks that specialize in small business loans and know how to work with entrepreneurs. Amer Bank & Trust Inc. is one such bank, as evidenced by this SBA loan to a growing company.

Finding a small business loan in Bowling Green, Kentucky starts with an understanding of who else has gotten loans in the area. In this case, a local firm received funding from Amer Bank & Trust Inc.. Without an SBA guarantee, it's probable that this company would have had a harder time getting financed.

SBA Loan Borrower

COMPANY TYPE: HUMAN RESOURCES CONSULTING SERVICES
BOWLING GREEN, KY 42103

SBA Loan Lender

AMER BANK & TRUST INC.
1302 SCOTTSVILLE RD
BOWLING GREEN, KY 42104

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.

NAICS Code

541612 - Human Resources Consulting Services

Loan Approval Date

5/24/2004

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We can help you find the best banks for small businesses in Bowling Green or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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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Where to Get an SBA Loan in Bowling Green, Kentucky

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