U.S. Bank National Association Gives Small Business Loan to Landscaping Services Company

Would a Kentucky business loan help your company expand? If so, you may want to talk with this Ohio bank, which offers SBA loans to Kentucky entrepreneurs.

Getting a small business loan in Bowling Green, Kentucky was a top priority for this SBA-financed company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from U.S. Bank National Association. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BOWLING GREEN, KY 42104

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/3/2007

Loan Approval Gross Amount

$12,300

Loan Approval from the SBA

Of the total $12,300 loan amount, the SBA guaranteed $6,150.

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 3 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to raise money for a business in Bowling Green KY, you ought to talk with a local Bowling Green SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bowling Green businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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