Loans for Sawmills

Looking for loans for sawmills? Talk to a banker who works with the SBA. This $350,000 sawmills loan was issued by a Kentucky bank.

Getting a small business loan in Cadiz, Kentucky was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Bank - Cadiz & Trust, operating out of Cadiz, Kentucky. Here are the details on this Kentucky small business loan.

SBA Loan Borrower

COMPANY TYPE: SAWMILLS AND PLANING MILLS, GENERAL
CADIZ, KY 42211

SBA Loan Lender

BANK - CADIZ & TRUST
79 MAIN ST
CADIZ, KY 42211

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2421 - Sawmills and Planing Mills, General

NAICS Code

321113 - Sawmills

Loan Approval Date

2/13/2001

Loan Approval Gross Amount

$350,000

Loan Approval from the SBA

Of the total $350,000 loan amount, the SBA guaranteed $262,500.

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 18 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you want money for new small business in Cadiz KY, you ought to talk with a local Cadiz SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Cadiz businesses.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Bank - Cadiz & Trust had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Bank - Cadiz & Trust made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding From a Venture Capitalist

Best Banks for Small Business in Cadiz, Kentucky

Kentucky SBA 7A Banks