Campbellsville, Kentucky Entrepreneur Gets a Small Business Loan

Bank loans in Kentucky are tough to come by these days. We take a look at one Kentucky bank loan, provided by a Nebraska bank, that was approved by the SBA.

You can learn something about getting a small business loan in Campbellsville, Kentucky by studying this loan to a local company, made back in 2000. Banks like Union Bank And Trust Company may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: ADVERTISING
CAMPBELLSVILLE, KY 42718

SBA Loan Lender

UNION BANK AND TRUST COMPANY
3643 S 48TH ST
LINCOLN, NE 68506

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

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

SIC Code

7319 - Advertising

Loan Approval Date

6/8/2000

Loan Approval Gross Amount

$140,000

Loan Approval from the SBA

Of the total $140,000 loan amount, the SBA guaranteed $70,000.

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 only one employee. This SBA loan request indicated that the loan would help generate 21 new jobs and retain 1 existing job.

Getting an SBA Loan For Your Business

If you are raising money in Campbellsville KY, you ought to talk with a local Campbellsville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Campbellsville businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Union Bank And Trust Company that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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